LitecoinLong
Ltc: The forgotten coin who is about to explode!
While everyone is trying to figure out if Bitcoin bullish or bearish, most of them are missing some great opportunities...
The Downtrend Channel impacts on Ltc:
- Price has retraced over 75%;
- Have been losing Volume for 8 months now;
- Almost no one is talking about the coin anymore;
But today out of nowhere we got a 15% pump and just broke the Channel.
Does indicators confirm a Reversal?
* Macd has flipped bullish on 3d and his about to flip too on the 1W;
* Big break of the 48 level on Rsi;
* Longs are accumulating alot
So what to expect from here?
- Retrace on Support between 48.7 - 49.5;
- Start of the wave up to 70$ (My first tp);
- Retrace back around 55ish (I will buy back here);
- Break of 70$ :interesting:
- Re-test at 70$ (I will add more here);
- Continuation of the bull trend to 102$ (I'm getting out here);
This is a really big opportunity, i will be placing 3 seperate bags for this next move.
(Short-term, Mid-Term and Long-Term)
Portfolio Risk: 5%, Leverage: x10 - x25
Long: 48.6 - 50.2
(There won't be any sl's since it's a big play for me, i rather ladder down.)
Here's my tp's depending on the timeframe:
Short-Term: 59 & 65
Mid-Term: 70 & 102
Long-Term: 112 $ 150
Even though from what i see it's an amazing opportunity, there is no reason in the world to fomo, risk a big % of your portfolio, use over leverage, let your emotions trade for you or any other reasons.
You are responsible for your own wealth, be wise and you should succeed!
If you have questions feel free to ask, or click on the link below you'll be re-directed to my groups.
The Downtrend Channel impacts on Ltc:
- Price has retraced over 75%;
- Have been losing Volume for 8 months now;
- Almost no one is talking about the coin anymore;
But today out of nowhere we got a 15% pump and just broke the Channel.
Does indicators confirm a Reversal?
* Macd has flipped bullish on 3d and his about to flip too on the 1W;
* Big break of the 48 level on Rsi;
* Longs are accumulating alot
So what to expect from here?
- Retrace on Support between 48.7 - 49.5;
- Start of the wave up to 70$ (My first tp);
- Retrace back around 55ish (I will buy back here);
- Break of 70$ :interesting:
- Re-test at 70$ (I will add more here);
- Continuation of the bull trend to 102$ (I'm getting out here);
This is a really big opportunity, i will be placing 3 seperate bags for this next move.
(Short-term, Mid-Term and Long-Term)
Portfolio Risk: 5%, Leverage: x10 - x25
Long: 48.6 - 50.2
(There won't be any sl's since it's a big play for me, i rather ladder down.)
Here's my tp's depending on the timeframe:
Short-Term: 59 & 65
Mid-Term: 70 & 102
Long-Term: 112 $ 150
Even though from what i see it's an amazing opportunity, there is no reason in the world to fomo, risk a big % of your portfolio, use over leverage, let your emotions trade for you or any other reasons.
You are responsible for your own wealth, be wise and you should succeed!
If you have questions feel free to ask, or click on the link below you'll be re-directed to my groups.
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