LTC - Short Term Stretch
Updated
I am looking through the charts, and seeing that BTC is on a rampage! I also see that we are possibly going parabolic again! That being said that's for the days and weeks to come, but for many of us it is about the daily trading, the accumulation of more and more coins! Therefore I predict that we will see some major movements out of LTC with a major correction down to about $125 following suit with literally every other pattern formation of this type, followed by an immense rally. I have staged my own trades to take advantage of the projected 144 mark, which if we dont hit it within a couple hours, is today's most likely High, or LTC's next Target High regardless. Once that is hit the correction, or dump, will be Biblical!
So far with minor trades I have accumulated a whole LTC! It is tedious, and difficult, not to mention heart wrenching watching the dips, and telling yourself to HODL, it'll be over soon, but eventually it pays off! Take heart folks it's all about your trade strategy? Accumulate Dollars, or accumulate Crypto? The interesting thing about Crypto is the more you have the more money you have as well ;) I will be focusing all of my efforts on accumulation from this point forward since trying to make money has left me an empty shell of spent emotion and stress haha!
Good luck and as always feel free to comment and share your ideas!
So far with minor trades I have accumulated a whole LTC! It is tedious, and difficult, not to mention heart wrenching watching the dips, and telling yourself to HODL, it'll be over soon, but eventually it pays off! Take heart folks it's all about your trade strategy? Accumulate Dollars, or accumulate Crypto? The interesting thing about Crypto is the more you have the more money you have as well ;) I will be focusing all of my efforts on accumulation from this point forward since trying to make money has left me an empty shell of spent emotion and stress haha!
Good luck and as always feel free to comment and share your ideas!
Note
Not gonna lie folks, wasn't expecting that slip without hitting a second peak first haha! That being said I was able to take some profit on the way down that cascade and I hope you did too! You can also see that although my "time table" is off for the direction of the price of LTC, the direction and levels are on point. I am still fairly certain we will see low 120's or high 110's in the next day or two. I would set your buy in point at those levels and keep a weather eye out for other indicators!That also being said, please use my chart indicators and their settings. The red signals are very accurate at predicting sell points, and green signals are very good at predicting the buy in points! Just be careful, and keep an eye out for more Posts concerning trades!
Note
I could not have been more wrong haha. Sky Rocketed to 136 nearly tapped 137 at the time of this writing. I believe there is a strong likelihood we are going to "Double Top" previous ATH....
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