Market Corrected. Where to go from here and how to make $$$Hi Everyone,
Hope you are all doing well and have accumulated a healthy amount of coins. I am basing this current chart off of the 2017 September Market Correction to anticipate how markets move. Because if its one thing about stocks/crypto...markets always have patterns. While it is not exactly apples to apples (comparing LTC to BTC charts). LTC is currently following BTC's movements.
I have already notified my telegram group of this trade early morning and have netted today's %'s. We have already seen Phase one complete this morning, and in the tail end of Phase Two. with LTC rising to $290. Sold...retraced to $240 and on the rise to $290. What we can expect is another retrace back to $250-260 area and a final movement upwards north of $300 resuming a 45 degree trajectory growth.
I have also included my BTC chart that I dropped several hours ago which essentially states the similar theory.
Short Term Trades: Accumulate $250 and below sell at $300. Wait for Retrace, buy back in and hold for north of $300.
Long Term Trades: Anything closer to the low $200's is a great position to build and generate north of 100% ROI in the next month or so, as LTC progresses to attach previous ATH of $420 and the bigger goal of $500.
Good luck on all of your trades. I didnt explain this trade as much but feel free to PM/comment if you have any questions.
Merry Christmas & Happy New Year!
Regalia