LTC to 291

2 Oca 2018

This is an update to my previous chart where I accurately predicted the LTC breakout a day previous found @

Key Notes:

Our first test will be @ the 260 resistance, if we successfully break through its a clear shot to 291, at which point I expect some profit taking to kick in. If we manage to clear that, with the exception of some crazy bitcoin downward action, we should be clear to enter back into the 350's and above.


If this chart receives 15 likes I will continue to update it.

3 Oca 2018

Not

We saw a breakdown on the 2-4 hour charts overnight as the RSI caught up and began reaching the overbought area.

The lower timeframe charts are starting to pick up momentum slightly again, but by no means with significant force. We should have a better idea within the next few hours whether we'll be trading sideways, up or if we will see a retest back to the low 240's or even mid 230's.

3 Oca 2018

Not

It looks like we're consolidating and a pennant has formed, I'm expecting a breakout within the next day or so.

3 Oca 2018

Not

Look for buys around the 234 resistance

4 Oca 2018

Not

Watch the 234 resistance closely, we want a strong bounce from here to continue the uptrend, trade carefully.

5 Oca 2018

Not

Target still good, expect a breakout anytime. I will evaluate when we reach the 280's area.

6 Oca 2018

İşlem kapandı: hedefe ulaştı

Target reached, going beyond, will do a new TA soon.