Calm-Monk

3 times same pattern on LTCUSD 1H

Short
Calm-Monk Updated   
BITFINEX:LTCUSD   Litecoin
Don't mind lots of intermittent lines please. The only important ones are those bold dark purple which are forming kind of channel. So i marked some time periods that show similar patterns so when present falling will reach nearly bottom of purple channel, it should go up respecting previous patterns. It might go down even to about 36$. I believe the actual pattern (green) will take almost two days as previous. If it does so, it should fly back to about 43$.
Tip me if you want :)
BTC: 1FPc96NnpW5rC4RqVVYSRAd8BNHPM4ecJa
LTC: LUwb8YJ9pJd634gkMLtZaaYNFE34Z2dawy
Thank you! :)
Trade active:
It's 39,5$ right now. It can go even lower, not sure though. Weigh your risks. :)
Comment:
It went well :) Target is 43$ but it might even break the channel due to bounce on BTC and ETH. :)
Trade closed: target reached:
Not sure if it will finally reach 43$, seems like don't have enough strengh. 42$ is fine though.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.