Litecoin consolidation post FOMO

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
341 1
Parabolic movement, low volume and no consolidation at all since 110 USD. Looking to retracement to fibonacci levels 0.5 and 0.61
Trade active: It seems that LTC have found a very good support area between 210 and 233 and RSI currently rising.
Downsides? Low volume, divergences across indicators
Goodsides? Litepay and good ol' FOMO.

Trade closed manually: FOMO wins
I hope so :)
+2 Reply
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