anyskill

LTC last run incoming ?

anyskill Uppdaterad   
POLONIEX:LTCBTC   Litecoin / Bitcoin
6
LTC got some attention lately with Segwit which led to the price rocketing.
Last few days it went down and consolidating nicely on the previous resistance which turned into support.
I think we are going to see one more try at 0.02 (exit pump) and then correction to his original channel.

This is not a trading advice, just a personal TA and opinion.

Please feel free to comment and let me know what you think.

Trade safe.
Kommentera:
Bears were strong on this one.
Might have under estimated the bottom of the H&S, it might even go down to the trendline before bouncing up. Be careful on this one.

Safe entry above resistance (0.017 ish, top would be around 0.02)

Kommentera:
H&S didn't work out (i don't like this pattern to be honest).

My second idea about going down to the trend line before bouncing up is actually happening. It could stay a bit on the trend line before trying to shoot up tho.

Safe entry above resistance (0.017 ish)

Order avbruten:
I have no idea on what's going on with LTC. Defying logic.
Will do another TA later on.
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