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ItsAboutSharing
Aug 7, 2017 5:32 PM

Litecoin probable revisit to .01 before resuming uptrend. Short

Litecoin / BitcoinPoloniex

Description

I'm long Litecoin but she looks weak here. Gann says a revisit to .01 might be in the cards. If she breaks the current red rings, watch for support on the green, and then a resumption of the uptrend. Might be wrong here, but watch the next few days. Short short term, long mid term.

Trade closed: target reached

Target reached but she is looking quite weak (as are most alts with BTC's rise). Watch closely here, might be a good re-entry but I'm gonna watch before committing.

Comment

Not sure here, I think she might go down a bit more, so not recommending long. But this is not investment advice...

Trade active

Went long the other day. LTC is a tough one lately but I think the bottom is in and she is getting ready to EXPLODE. LONG

Trade closed: target reached

Suggested long on 23rd, just closing this short position officially.
Comments
adityadoodle9
i really looking an entry bellow 9000satoshi.
your thought please.
ItsAboutSharing
@adityadoodle9, It certainly looks possible but I won't fight over a few satoshi. Maybe just buy your way down...
adityadoodle9
@ItsAboutSharing, so you will be enter the market at 10k satoshi?
ItsAboutSharing
@adityadoodle9, I would slowly enter the market (and I already did ;-)
But that is not financial advice.
adityadoodle9
@ItsAboutSharing, Look's like the bitcoin drama is over.
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