Disclaimer and background: This is not financial advice, and I have never received training sufficient to give financial advice. For me, this is a hobby. This is my first published idea. I am unsure whether I'll further publish ideas as trolling remains my primary pastime, which I've been slacking on. Follow me on Twitter @Teklologist.
Edited for grammar and formatting.
Foreword
Apologies, see my below linked idea. It's my first time publishing, and I apparently published it privately. I went Long with LTCUSD at $58 (dollar-cost-averaged) with ~$18k for approx 310 LTC. I am considering buying another $5k - $10k worth if and when LTC closes above $61 on the 4H. The breakdown of BTCUSD is similar to what I've done here with LTC. Take a look for yourself, easy to see... in hindsight. Comments welcomed.
Hindsight TA
Uptrend wave 1-2-3-4-5 lengths (approximations):
Downtrend wave A-B-C lengths (approximations):
Foresight
The capital for the below target prices would originate from sell-offs of the , , and index funds. Extrapolation of our Hindsight TA yields:
Edited for grammar and formatting.
Foreword
Apologies, see my below linked idea. It's my first time publishing, and I apparently published it privately. I went Long with LTCUSD at $58 (dollar-cost-averaged) with ~$18k for approx 310 LTC. I am considering buying another $5k - $10k worth if and when LTC closes above $61 on the 4H. The breakdown of BTCUSD is similar to what I've done here with LTC. Take a look for yourself, easy to see... in hindsight. Comments welcomed.
Hindsight TA
Uptrend wave 1-2-3-4-5 lengths (approximations):
- W1 = 77
- W2 = 62 (.81 x W1)
- W3 = 330 (4.25 x W1)
- W4 = 185 (.50 x W3)
- W5 = 122 (1.6 x W1)
Downtrend wave A-B-C lengths (approximations):
- WA = 200
- WB = 150 (.764 x WA)
- WC = 200 (1 x WA)
Foresight
The capital for the below target prices would originate from sell-offs of the , , and index funds. Extrapolation of our Hindsight TA yields:
- W1 = $275 - $290
- W2 = $43 - $46
- W3 = $412 - $439
- W4 = $227 - $242
- W5 = $455 - $485
