Tin.Foil

#LTC #LITECOIN +34% target $204 next 17 hours

Long
Tin.Foil Aktualisiert   
COINBASE:LTCUSD   Litecoin
Litecoin bounce has completed, one of the top performing coins in my portfolio in the last 24 hours. I just bought another 50% more for my portfolio from coinbase and holding in Litecoin for the night. Let's get these rallies started!
Kommentar:
On track. Bullish flag breakout completed. Elevator doors are closed.

Trade geschlossen: Stop wurde erreicht:
Well that broke off.. thanks bitcoin!
Kommentar:
I decided to re-up on this one. I took my funds from BTC and from NEO and put those into LTC, along with my LTC from yesterday. The drop off wasn't that bad, and BTC actually fell more than LTC during the last 24 hours.

Recalculated on the 4h chart and I see the following target, just under $200.

The reason is because I see the 4h chart shows a bullish flag and we are likely just completing this flag. Monday morning could bring good or bad news, but Litepay is on the way this week, so I'm holding Litecoin.

I'll also say that I've rarely held litecoin more than a few hours since 2013/2014 when I lost a significant amount of funds from Litecoin. Back then it went from about $30 to $3 and I've pretty much sworn off Litecoin since then. However, I see good things happening with it lately, so my confidence is restored and I'm willing to take the risk on this one. I'm hoping to see +30% within the week, but would be nice to see within the next 2-3 days.

Kommentar:
No where is safe.. except maybe the declining USD.. or the risky USDT.. hmm...

H&S formation.. 40% drop incoming.


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