LC - Lending Club UpdateThis beast is the ONLY one I held and actually stuck to the plan. I am VERY tempted to sell it here but I want to reach that moon.
This was a no brainer to me. Read previous posts on my I added it as a long term hold.
Lcusd
LTC MONDAY UPDATE II 9.23.19:100% RETRACE!!Hello all!
LTC just broke down from a 1 month rising channel in 2 hours! The 100% retrace which was the measured height of the rising channel occurred with price currently rebounding just above the 0.786. There should be a test back up just under the rising channel to re-visit the pattern before continuing down. The 4H chart MACDS is potentially showing a major bullish divergence. If this plays out we should see price shoot up. If upside momentum comes back, we could see a break back up into the channel. The 1D MACD has yet to shift to red, If we see this happen, the 100% retrace could be broken with the next support at $57 and %50.
Let me know what you think!
Is this a shakeout?!
Will we see LTC under $60?!
I'm just a noob and life is a nightmareSo yeah I'm a noob with the charts and you could say I don't know anything, but I still like to find potential patterns, and I see a potential bull flag that has taken several months to form! If I know anything about bull flags, when they break out it could lead to a 4.2k litecoin. No timeline can say when that will be, but I'm just showing what I'm seeing.
