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ShitalMenon
Oct 21, 2017 12:11 PM

Long LTC/BTC 

Litecoin / US DollarPoloniex

Description

Practicing only ! Please do help if found error so that i can learn ! Thanks !

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First support level around 57.5 aprox being tested !

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If bullish trend continues then target is around 66 $

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Then correction would take it to 61 $ around ! And so on until bull trend breaks !

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After testing the support somewhat getting back on track - bullish trend continues again !

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Stop-loss at 57$ for me as my entry point was 57.9 $

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After seeing 56.2 $ had to keep Stop - loss at 57 now as support being tested and so i think if this support breaks again then its a dump and downtrend starts !

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Taking little more chance ! :) Keeping stop loss at 56 $

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Wohoo cancel my stop loss at right time ! Saw huge buys ! :P Hope so its back bullish again ! BUt around 56 to 55 $ do be alert !

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Now due to staying this much time at oversold area ! The force us stronger than before ! 66$ area is where first resistance lies i think !

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Still in bullish accumulation phase ! Used to be miners favorite coin and did gave alot profits backs to miners back then ! This implies LTC community support is huge ! :)
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