LTC at a mini trend line and support point

15 thg 6, 2018

For those of you who missed our laddered buys, LTC is at this minor support point/trend line. If we hold here we should have a good move up.

Happy Trading,

-Sherem

15 thg 6, 2018

Ghi chú

Here's another view of why I am looking at a move up right now. If you look at the last consolidation area, it really chopped around before moving up. Which I imagine this thing will do for a while before breaking down again. Now, that being said, I am only entering a little bit more and having an independent trade from my ladders as I think this will go up to 107 at least before breaking down again.

I think the bull trap will be at the $112 area, not right now.

15 thg 6, 2018

Ghi chú

So we will get out between 107-112 depending on what happens

18 thg 6, 2018

Ghi chú

Early on my call, but getting the movement we were looking for now.

19 thg 6, 2018

Ghi chú

LTC broke up, I imagine we will get support here at this 97.50 level before we move up, or possibly $95 again.

19 thg 6, 2018

Ghi chú

I don't know if I would call this a flag? Or a megaphone type pattern? Interesting.

20 thg 6, 2018

Ghi chú

new update: