croganm

Possible Bullish Gartley

Long
COINBASE:LTCUSD   Litecoin / U.S. Dollar
Drop to 230-240 towards 9 AM Eastern, profit targets of 265-270 and 302-318.

If it hits 302, it means it finally broke that down trending resistance line, meaning it wouldn't be a bad time and hop on for a ride to 337.

Comment: So far we are well on track, even early. We just have to wait and see. Place some limit buys before you go to bed.

Comments

So your saying it will trace down a bit before a final bounce?
Reply
croganm dippyduck
@dippyduck, exactly what I'm saying. Someone else said it would retrace to 240 before going back up to 300, just this is the first bullish gartley I've seen about the recent moves. Try to get in near 240, that way even if it doesn't break 300, you're at least in for a really cheap price and made a nice 25+%
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dippyduck croganm
@croganm, Very concise I dont know your wizardy of gartley but it makes enough to place a bet on it. I am gona short it.
+1 Reply
dippyduck croganm
@croganm, well then guess it aint coming down
Reply
croganm dippyduck
@dippyduck, guess not haha. I went to bed after this a little after this and didn't even see it catch that 260 report, once I saw it catch that and blow through the descending triangle, I could tell it was gonna test resistance again. Make sure to get in though, now that resistance is gone there's a couple places this could go but they're all up
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