speracado

LTC Speculative Resistance Test

Long
speracado Updated   
COINBASE:LTCUSD   Litecoin
15M is thru the Ichimoku cloud and riding the 100MA line, 50MA is coming up nicely through the cloud. Expect heavy resistance to be the 50% fibline above this position, the Gann 8x1 line above that and then the orange line as the old high point neckline.
Trade active
Comment:
Just a look at the 4HR.
Comment:
Low volume, slow bleed.
Trade closed: target reached:
46.50 sold.
Trade active:
Unintentionally long from 44.70-45. Who panic sells at 6AM?
Trade closed manually:
Sold 47.10 down into market for a decent profit. Will catch the next wave bottom.
Trade active:
Bought to break 43.10 for GDAX, other exchanges having much less resistance. 4HR looks good.
Comment:
Wasn't 47.10 I'm sorry, miss-keyed 46.10*
Comment:
Orange line was target (this is no longer an active position)

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