TradingView
jpfortin
Oct 23, 2017 12:59 AM

LTC - Long Term Estimates Long

Litecoin / United States DollarCoinbase

Description



Assuming we will form a C&H pattern and given the current trends, support & resistance levels, I am planning the following moves:

Target A - Entry @ 54-56 (by midnight 10/22/2017 EST)
Target B - Sell @ 90
Target C - Buy @ 75
Target D - potential resistance and may go sideways for a while (scalping possibilities)
Target E - Close @ 150

The main cup may still be pushed to the right, whereas Target B may be reached in Dec rather than Nov. Once BTC/BTG have been tested in accordance with the agreement between Roger Ver & Charlie Lee - and proof of ownership has been established between these coins: I expect an exodus back to LTC & ETH, which will form the upper part of the cup.

Trade active

Target A entered @ $53 - now holding and maybe scalping if in a channel
Comments
unfamiliars
I agree. I will check back in a 1 week ;)
jpfortin
jpfortin
See BTC/BTG agreement for proofing: <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">My trade with Roger Ver is all set. Here are the terms we agreed to. Let the chips fall where they may! <a href="t.co/wEHiH9guM6">pic.twitter.com/wEHiH9guM6</a></p>&mdash Charlie Lee [NO2X] (@SatoshiLite) <a href="twitter.com/SatoshiLite/status/921701035491573761?ref_src=twsrc^tfw">October 21, 2017</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
More