VBAmaster

Quick LTCUSD analysis

Long
BITFINEX:LTCUSD   Litecoin
Say at the beginning: I am not a TA expert, just amateur. I do TA basically just for myself because I have big positions in LTC and ETH. And I like to share my ideas with you guys.
I will do real trades based on my guess. And I will not do a lot if something happens then blah blah, in my analysis. I can not be that comprehensive as those experts and IF ELSE WILL NEVER END, I just tried my best to have a good guess every time, you can call me a gambler or whatever. LOL

Let's jump right in, it is a quick analysis.

If you refer back to my analysis on March 18th, you can find my triangle perfectly catches the movement in the following days, and it pointed to the $156 at the end.



Looking at this moment 30-mins graph, fib .5 level is a really good support, and I will not say, "if that line is breached, we are going further down, or if we bounce back, we may reverse to $180 above blah blah". What I gonna say is I will buy fcking 100 ltcs there no matter what.

Happy trading, life is a journey

cheers

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