Options360

Litecoin is at an ultimate support zone

Long
Options360 Updated   
COINBASE:LTCUSD   Litecoin
Litecoin is at an ultimate support zone. Trading in between its Fibonacci SMA610 and Fibonacci SMA987. Here's levels on the 1-day chart:

52 week high = $413
52 week low = $99
7 day high = $132
7 day low = $113

SMA377 = $181
SMA610 = $141
SMA987 = $111

breakout = $164
R3 = $155
R2 = $146
R1 = $137
pivot = $128
S1 = $119
S2 = $110
S3 = $101
breakdown = $92

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
Comment:
I setup lower limit buy bracket orders incase there's a lucky wick down. Also alert notifications.
Comment:
LTC/USD made a bull pennant but be careful long with alerts and stop loss just incase of a rug pull.

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