LTC - The trade is still going on!
We see that LTC is going very well now. It surpassed the previous top, which is coincidently the 38.2% fib retracement, and if it closes above that level, is a very nice sign.
I sold half of my position recently, but I’m thinking in keeping some LTC for a while. So far, our trade in LTC is giving us a 12% profit, and considering we did some amazing trades in BTC and ETH, I’ll take my chances here. Check my profile if you lost my last calls on cryptos.
Also, LTC just breakout from a triangle, and it could rise wall the way up to the “target zone” on the chart, which consists of the 61.8% fib retracement and a previous top. Let’s see how things will turn out.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
I sold half of my position recently, but I’m thinking in keeping some LTC for a while. So far, our trade in LTC is giving us a 12% profit, and considering we did some amazing trades in BTC and ETH, I’ll take my chances here. Check my profile if you lost my last calls on cryptos.
Also, LTC just breakout from a triangle, and it could rise wall the way up to the “target zone” on the chart, which consists of the 61.8% fib retracement and a previous top. Let’s see how things will turn out.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
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