greater_fool_

LTC long from channel's bottom [+100%]

Long
greater_fool_ Updated   
COINBASE:LTCUSD   Litecoin
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Trade active:
Buy order set at 265 USD. Depending on the price action may be split into more orders at different price levels (eg 50% at 265, 50% at 255).
Comment:
300 USD is holding nicely. Assessment of buy levels:
1/3 265 USD, 1/3 235 USD, 1/3 205 USD?
Comment:
Breakout earlier than expected, projection shifted to the left:
Trade active:
1/3 filled at 265 USD:
235 and 205 orders pending.
Comment:
Breakout and return to the previous price range. Two interesting things: Volume increasing during sell offs and potential reversal of momentum:
Trade active:
1/3 filled at 235 USD, 1/3 filled at 205 USD.

I have to admit, that drop was insane. Volume remained surprisingly low.
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