As mentioned in my previous post, i was looking for an $LTC #Litecoin bounce to 160, above 141.5
With 160 being hit, it is time to adjust r/r (risk/reward) and book some profits.
Whether you take out cost, or cost+% (based on your risk profile) , it is entirely up to you - but take some profits and make it a practice to pay yourself around key levels
With all that being said, what happens next?
Above 165, and more important >167.5 we are going to target 200 on a short time frame
A deep test below 160=> revisit 80.
A shallow test under 160 (155-158) ,on low volume, will not have significant impact, but it should be watched and stops should be adjusted upwards.
Read next
From @gs612