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Null0934
Feb 15, 2018 9:46 PM

Litecoin consolidation post FOMO Short

Litecoin / DollarBitfinex

Description

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
Comments
lilgeegee
I hope so :)
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