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Viggy
Apr 25, 2017 10:23 PM

LTCUSD Close up on Wave 5 Long

Litecoin / DollarBitfinex

Description

Giving a closer look on my earlier LTCUSD update. I am going to call the wave 4 complete based on the near perfect bounces off the hourly trend line and the Ichi cloud bottom lines. This is gonna shoot up explosively soon.

Trade closed manually

Closed my long for a decent profit. Don't like that break of the short term trend line. Assuming it may foretell an extended side/down move. Will reconsider on a strong break of the current high.

Trade closed: stop reached

Correction - trade closed on a stop I had to preserve profits, not manually.
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