LTCUSD 8h: When re-enter? 70 > 100 > 140 USD possible.

2017년 9월 2일

The top has been reached. The energy is gone. That's okay. When is the right time to re-enter? According to the analysis, we have a correction of at least 70 USD. 55 USD are also possible in extreme cases. Next we will see a sideways movement. There are two new targets: ATH at 100 USD and Fibo 1.62 at 140 USD. I see this in the Fibo time frame at 1.5, mid-November. 100 USD can also arrive earlier. Then we would have a second wave of correction.

Let's see what happens. Happy trading. :-)


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2017년 9월 2일

노트

currently i can't see if we have a trend reversal or just a bull flag. I'll keep you informed.

2017년 9월 2일

노트

just for info. i re-entered at 72 with a first part.

2017년 9월 3일

노트

the market has calmed down a little. maybe the price will fall a little bit further, but now we see a sideways movement along the trendlines. then it could go back up again. it also depends on the btc. if the btc falls further down, then all other cryptos will also fall with it a bit.

2017년 9월 8일

노트

as I wrote. we see a sideways movement at around 75.

2017년 9월 13일

노트

as I wrote above, we can see 55 in extreme cases. currently i expect a stop and strong support at 55.

2017년 9월 15일

노트

we have reached fibo 0.5. strong support can be expected.

2017년 9월 16일

노트

LTCUSD (8h) close-up of the current situation