croganm

Bearish bat pattern, 375 is sell point, still long

Long
croganm Updated   
COINBASE:LTCUSD   Litecoin
This is a good thing btw, basically it just means that this gives us a chance to make more money and can possibly confirm a rising triangle in LTC, meaning it gives us a chance to stack up on more coins without using any more capital. Sell at 375, buy back at 357-350 (the .618 range) or buy back at 346 (1.27 range, confirms rising triangle). No guarentee this drops to 346, don't expect it to, but it should drop down to 357 and give us a chance to buy more coins.

Comment:
Misread it apparently, all the the bearish bat was correct, it happened at the 1.618 D mark of the BC retractment, I still am long, just missed an opportunity for us to re-enter at a lower point
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