foulmouthmuggle

LTC Count

foulmouthmuggle Updated   
COINBASE:LTCUSD   Litecoin
Looking at this overall ABC count with areas of confluence.

Watching for a retrace to ladder buy into.

- UNDER 175 area of resistance
- golden pocket for wave b? 170.6-171.9
- last bottom support 168
- full retrace 158
- below 160 - bottom falls out to 142-139
- full retrace to bottom from 140 is 105

RSI still relatively neutral.
Comment:
If B bounces, T1: 219-225 / T2 (1.618) 240-244
Trade closed: target reached:
Sticking along with my math ( still not great predicting timelines yet, but the numbers were on point! )

I personally set my limit buys to ladder in starting at 177 fib line down to the golden pocket and a little below to catch if it fell lower.

My orders were filled while I was in Costco and averaged out to 174.55

Last night, I set my stop loss while I slept and was stopped out at 185.8ish.

Pretty great! Now we reset, and see what else is going to happen with LTC.

Nice little +6% swing on the books.
Comment:

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