Hambooger

Pondering 1-Week (December 2021)

Long
COINBASE:LTCUSD   Litecoin
Litecoin /USD rate (December 2021)

Messing around on the 1-week charts while playing with a contracting “symmetrical” Elliott triangle wave.

Thinking about how the 2017 high for litecoin was never truly outdone on some exchanges yet, not in 2020/2021 at least. I should point out that the lowest moving average on this chart is currently at about $100.

I’ll try to come back to this later. Seems like the easiest idea I can come up with for now. Really just for speculation for now. 😊

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
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