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Trade Recommendation: Litecoin

The price broke the downtrend line and it’s going to move above SMA100. MACD supports upward movement. If ADX line moves upward, we’ll get a good confirmation of bulls’ power. It’s buy opportunity. Pending orders should be placed at 62.00 level which is the previous high. Stop orders must be placed below the swing low at 57.80 level. Profit targets are 70.00 and 90.00 levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: LTCUSD
Buy: 62.00Stop: 57.80Profit Targets: 70.00 and 90.00
The trading signal is based on Poloniex chart.

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