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Litecoin: Buying the Retest of Support

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LTCUSD - Intraday - We look to Buy at 144.39 (stop at 140.30)

Preferred trade is to buy on dips. Previous support located at 145.00. The bias is still for higher levels and we look for any dips to be limited. Intraday signals are bullish. Further upside is expected although we prefer to set longs at our bespoke support levels at 145.00, resulting in improved risk/reward.

Our profit targets will be 158.85 and 163.30

Resistance: 155.00 / 160.00 / 165.00
Support: 145.00 / 140.00 / 135.00

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