BitPivot waiting for the right moment to pump this coin to the next level. I expect to break up this triangle on Sunday, April 23rd, after the french election.
Entry: 0.009 - 0.0098.
TP1: 0.0145. TP2: 0.0185. TP3: 0.021.
Stop-loss: 0.007.
Risk/Reward: 1/3.
This idea is a continuation of the previous:
Good luck.
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts.
Trade active
Litecoin couldn't even wait until the election and it's already pumping up. It hit a fan resistance, so this could be a good moment to sell and buy lower, if you're a scalper.
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Still going up. Hit resistance close to the yellow line in the middle.
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Current status.
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LTC launchpad set.
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Current status.
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LTC looks like it wants to go up again.
Note
It actually looks like a bear flag so it could still go lower. Be careful.
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Going up and about to pivot! Let's hope it goes to 0.0145 soon.
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Current status. Going very well in the descending channel. BitPivot is getting ready.
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LTC reached a strong resistance point located at the confluence of a FIB resistance level and a Gann Fan level.
Note
This could be a good moment to go short and get into another coin, XRP for example.
For live updates join my Telegram group. Find more info at my signature.
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BitPivot did his magic! LTC dumping.
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LTC is about to break the current bull flag and resistance levels to shoot all the way up to 0.021.
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Going up and about to reach the next resistance and TP level.
It's also ready to break this pennant up. Bullish 5-0 pattern also spotted.
If you would like live updates, please join my Telegram Group. More info in my signature.
Trade closed: target reached
This trade is closed. I didn't sell the top but got excellent profits from it. Sell now if you haven't yet and enjoy them! Will update soon with a chart.
Trade active
Trade active again. After the test of the ATH, we're going to see a new attempt. Although this one will also fail to break it, so don't get too greedy thinking we're going to the moon. We're already there.
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LTC is struggling. We may not see another pump. I'm not trading this anymore.
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