Litecoin longtrade target 200 usd and 250 usd.

With the bitcoin showing to be strong. I think we have a bullish market this week and especially for litecoin, so I opened a long trade at 144 usd in the night. I'm sorry I couldn't get u guys up to date because it was like 1pm here.

There is a big change it will move in the channel I drawed and possibly it could make a nice elliot wave. First target is 200. I update this post with new targets when we hitted the first 1.

코멘트:

Stop-loss should be placed just below the trend canal, when we move higher in our trend, we can move our stop-loss also higher. This way we minimize our risk.

코멘트:

Becareful! Head shoulder on the btc chart! If bitcoin drop litecoin will also. I stopped the trade wait for a move up of the bitcoin and open a new long trade.

코멘트:

With the head- and shoulder on the bitcoin I think we will see a little dip. And move to the bottom of the channel.

There are multiple ways you can view at litecoin atm. But the main idea is buy at the bottom side of the channel and sell on the top of the channel!

코멘트:

Litecoin just broke out again! We can look for targets at the top of the channel!

코멘트:

We hitted the top of the channel. We sold our position!

코멘트:

코멘트:

Congratulations everybody! Big win! :)

Nick asked for my wallet adres, here it is:
BTC: 13nRUU3mkGe8GsH9sCwNg7VsfveKqfYQsT
LTC: LYs5WriU6KsELYzZ1oRKcvF5WX3bPt227x
ETH: 0x94a30efbb487c1fa5495228b5d9727bdc302b2ac

코멘트:

Litecoin going crazy, for me it's way to risky to enter the market now.

코멘트:

I think the bullrun of litecoin is over. I think most of the volume will go to bitcoincash, because it just broke out his resistance.