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AnaKingKong
Dec 26, 2017 4:20 PM

LTCUSD Short

Litecoin / U.S. dollarBitstamp

Description

We shared LTCUSD idea yesterday, we said its formed a megaphone pattern which suggests that herd are the owners
That doesn't look very tough when you see the low volume
the lesson is: the herd cannot uphold the price
so we expect the price decline to around 256.00 or 245.00 (0.5 , 0.681fibonacci retracement)

Comment

We decline under 256.00 0.5 Fibonacci retracement as we said
we expect tomorrow will be a good buy opportunitty
Comments
Trades999
Good analysis :-). We just broke the triangle downwards.

AnaKingKong
@jelmerrr, good analysis i liked ;)
Trades999
@AnaKingKong, Thanks!
Juanchobanano
@AnaKingKong what do you think about my analysis ?
AnaKingKong
@Juanchobanano, John Murphy said If prices remain within the triangle beyond the three-quarters point, the triangle begins to lose its potency and usually means that prices will continue to drift out to the apex and beyond The triangle
Happy new year
Juanchobanano
I really appreciate your feedback @AnaKingKong, thanks you!
AnaKingKong
@Juanchobanano, You are welcome I'm honerd if you follow me and agree "or disagree" my ideas :)
GioDIgoUppo
I tell you on December 27 at 01.00 hours rate will be 290.005. Remember.
AnaKingKong
@GioDIgoUppo, you told me what ??? when and where ???
GioDIgoUppo
Warning? In the way it's going up? Or do you expect it to go down hard again? From 280? Please elaborate?
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