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cryptdee
16 Th03 2018 23:54

Litecoin LTCUSD - Shorting Idea Giá xuống

Litecoin / DollarBitfinex

Mô tả

Analysis
REMEMBER TO TRADE THE BREAKOUT. Sell high and Buy low
1 - Trendline = Downtrend Lower Highs and Lower Lows
2 - Elliot Wave = We are in the 4th wave, headed to the 5th Wave before an ABC correction to the uptrend
3 - Fib trend-based extension tool - you can see that the elliot waves pullbacks [corrections] always correct to the fib lines.
4 - Support and resistance allow for a brief retracement before wave 5

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Callouts 1, 2 successful.

Awaiting the descent to wave 5

Bình luận

Descent active. Take profits at $120 and stand down until the retrace up

Giao dịch đang hoạt động

Đóng lệnh: đạt mục tiêu

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This was my first Crypto tech analysis. not bad for a start. hopefully consistent on the next ones
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