Place your bets gentlemen! Which way will it go?I think if you look at this chart on its own... Keep in mind this is the 1 hr chart. It looks about as neutral as neutral can be. Could go up as easy as it could go down.
At a glance I would say this is going to drop to 22 rather then go to 36. But who cares right. We have held since 200 so FUCK IT!....
NO. I'm done. I'm not loosing another dollar.
STOP
LOOK AT THE DAILY!
ITS OVER. GET OUT. I have buy orders at $4.09 and 13.25 on LTC. If you have profit. Take it and WAIT a few months. LOOK AT ALL THE SELL ORDERS RIGHT THIS SECOND ON COINBASE. 6322LTC ON THE ASK! NO JOKE. You might see this a few hours later but right now there is a 6322 sell order at the current price on LTC and its been there for a while.
Live to fight another day. FFS that was a huge loss! OVER20 club I guess.
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Noxtreme
I thought for sure it would bounce!Well, first official day of full time trading and I lost. I have traded for about 2 years pretty actively. Made hundreds of trades with a very high win rate. I've even done a few full days trading and they always were small wins but I went hard today and the chart didn't do what I thought it should so maybe someone can coach me a bit...
Can anyone tell me what I missed here?
Blue box is my trade. In at 5.55 out at 5.35. 10 cents was slippage on market sell but market was closing and it was too close to the low support for me to feel comfortable riding through a closed day. Why in the world was there no bounce here. Slippage DOUBLED my loss... Something to consider.
Just a fluke maybe. I'm not too worried.... YET