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atomantic
Sep 1, 2017 5:59 PM

New Ceiling Defined. Litecoin Correction From Here Short

COINBASE:LTCUSD240
Litecoin / United States DollarCoinbase

Description

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I'm always holding long, but I've finished a round of long hold closes (still holding some for higher targets).

Comment

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The moment of truth is super contentious. Huge buy walls trying to push the price back up and keep it from falling... we'll see...

Comment

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I was wrong! We aren't done yet!

Comment

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Litecoin refuses to color inside our lines. Give up trying to predict, just watch and react.

Comment

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I should have been cross-checking the LTCBTC chart. We aren't going to be done rising until LTCBTC gets to .02 at least.

Comment

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enjoying the correction:

Trend AnalysisLitecoin (Cryptocurrency)LTCUSDCryptocurrencycrypto
Comments
guppy_
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I briefly contemplated swing trading this madness, but then reminded myself that blowing a month's pay would suck.
atomantic
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@guppy_, yeah, I always adhere to rule #1: steemit.com/cryptocurrency/@antic/my-12-rules-for-profitable-investing-leading-to-financial-freedom
guppy_
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@atomantic, normally it's difficult to lose thousands in seconds, but the way LTC is yo-yo'ing it's all too easy. I don't want to buy at $83, blink and find it at $68. :p
atomantic
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@guppy_, yeah, at this point, I've closed some long holds (from $45), selling less coin than I bought (to amass zero-cost basis coins). And now I have recovery "crash catchers" that have increasing volume orders at intervals going down to $54
Andy1
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Please do some forecast for ADT (AdToken) as well. Thanks
piatt.jesse
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And its still climbing....
atomantic
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@piatt.jesse, ceiling apparently isn't locked in yet. We may see 100 before midnight after all.
guppy_
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@atomantic, we've taken a long plummet to $85 at this point, then back to $90 and consolidating at $88. I'm just watching at this point. There's no net in either direction now.
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