SorinBlajan

time to make some money with ltc

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
490 0 1
2 of the most likely scenarios of where wave 3 is certain (purple)
Comment: Down target reached. The only problem is market sentiment and Bitcoin falling like a rock. Need to keep an eye if 8800-8700 support holds there. Need to make sure we bounce before we touch $160, where we get an Elliot wave failure (unlikely but posible).

That would unvalidate the idea.
Trade active: Bad news from dad. The old snake is heading south.

Too bad. We canceled a nice bullflag. Would like to see ltc bounce from 170. That would mdke 220 area a dream come true
Comment: If btc falls consider adding as we will also go lower
Comment: Most likely doing abc corection that will form subwave 2/5 of wave 3. This should not retrace below subwave 1 starting point (aprox. $172).

Waiting for dad (btc) to lead the way but we are doing great.
Comment: I believe at 0:00 GMT bulls will take a break.

We need to finich the day and the week in a good looking day, then the expected correction might take place.

And this is our opportunity to ride the wave agsin or sdd more.
Trade closed: stop reached: I preffer the safety of fiat as bitcoin is droping on huge volume.

We can always enter again, in another wave, as long as the capital is safe
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