This is the last update given per the webbot forum.
Update to the above post (on webbot). Not much has changed. LTC has remained in the channel. I think a possible up move is fairly near (meaning within 48 hours). This should take LTC up beyond 162 this week (range 162 to 172 roughly). Then a larger correction may occur. This is basically the last few chances the manipulators have to scare money out of the market. That correction could be anywhere between a 25 to 35 point drop depending on where LTC tops out.
I would expect BTC to also break 9000 in the same time period which is contrary to many others as I see many expecting a BTC drop now instead of a rally. I can see BTC rally going to possibly 9600 before a good sized correction.
Not trading advice other then to always manage risk.
Update to the above post (on webbot). Not much has changed. LTC has remained in the channel. I think a possible up move is fairly near (meaning within 48 hours). This should take LTC up beyond 162 this week (range 162 to 172 roughly). Then a larger correction may occur. This is basically the last few chances the manipulators have to scare money out of the market. That correction could be anywhere between a 25 to 35 point drop depending on where LTC tops out.
I would expect BTC to also break 9000 in the same time period which is contrary to many others as I see many expecting a BTC drop now instead of a rally. I can see BTC rally going to possibly 9600 before a good sized correction.
Not trading advice other then to always manage risk.
Trade closed: target reached:
From original post 24 hours ago
target reached, still some upside potential left but manage risk.
I am lowering BTC target to near 9400.
target reached, still some upside potential left but manage risk.
I am lowering BTC target to near 9400.
Trade active:
After a review of the 15 min chart, I am raising my ltc target to approximately the 167 area. Still within the range of 162 to 172. Manage your risk.
BTC target near 9400 still active.
BTC target near 9400 still active.
Trade closed manually:
I've gone to a neutral position. Caution warrsnted. Btc target resched. Ltc target almost reached so nuetral. No bch podition.