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Mmawesome
Feb 17, 2018 6:05 AM

Be OBJECTIVE, Don't let the emotions control you right now Short

Litecoin / U.S. dollarBitstamp

Description

We have 6 Indicators that are telling us that we will see 200 before we see 250-300. So i sold more then 50% of my holdings and I'll buy back in around 200
Indicators are:

Elliott Wave Theory - Expecting Wave 4
Stochastic - Resistance
RSI - Resistance
Bollinger Bands - Resistance
8 EMA - So off of it that we have to hit it again
Structure - 230 is a resistance zone
Comments
bbcworldpeace
totally agree. nice work
Mmawesome
@ThanhHuynhLu, Thank you
asdfghghj
good good good!!!
Box1515
I'm looking for ~$210. $200 is more logical, but $210 was holding strong the other day. If I'm around though, I'll play it ear (well, by indicators).
Mmawesome
@Box1515, Hi, I had the same thoughts but after doing hours of analysis and considering all the scenarios i came to a conclusion and published a new idea check it out! I hope it helps. Good Luck Trading!
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