As you can see from my chart the resistance and support lines are very identifiable. I'm not here to drop major knowledge on you but instead to speak long term etc till mid-February ! Please, listen carefully, I do not advice to trade litecoin considering the current volatility but I would set couple of orders at lower than $150. UNDERSTAND, this is just a correction period, the market is not "CRASHING" mark my words and re-visit my post later and you will see that I was right. Considering all the FUD going on with China-Korea and all the panic selling motivated by the media, the market have not been stable. It will regain a huge bullish momentum as soon as the big guys start buying in all the panic sellers bags. Hold your bags tight, price will drop even lower, DO NOT PANIC SELL.
(Follow me as I will start posting TAs for daily traders)
All posts are personal opinions and are not recommendations for any trading actions !
-Rami
(Follow me as I will start posting TAs for daily traders)
All posts are personal opinions and are not recommendations for any trading actions !
-Rami
Trade active:
Ladies and gentlemen as you can see here my analysis are correct. I have anticipated mid February for the correction to be over with and indeed today is the day. You are welcome !
Our next target is $230 for the double bottom reveal and 300 for the falling wedge.
Follow and like !
Our next target is $230 for the double bottom reveal and 300 for the falling wedge.
Follow and like !