Litecoin LTCBTC - Bullish Wolfe Wave / Inverse Head & Shoulders
Yeah Litecoin! Finally we're getting somwhere.
We've got an obvious Inverse Head & Shoulders going on, and a Bullish Wolfe Wave.
It's already broken above the neckline, but maybe wait to see obvious volume - I'm in already but I'm not always the most conservative trader :)
We've got an obvious Inverse Head & Shoulders going on, and a Bullish Wolfe Wave.
It's already broken above the neckline, but maybe wait to see obvious volume - I'm in already but I'm not always the most conservative trader :)
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Bullish AF:
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Closeup on Inverse Head & Shoulders with thoughts:
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Giving it another try...
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Well, bitcoin happened. This is a really dangerous market to trade right now guys, I'm going to be a little more conservative for a while - things seem to be getting into irrational exuberance territory and everything could be pretty unpredictable for a while.
Trading anything on margin right now is probably a really bad idea - but hodling is never a bad idea. I'm just making sure to always be 50% in BTC at the very least.
Still analyzing the charts to know what to look for, so I see some more possibilities with LTC - for one it might form a larger Inverse Head & Shoulders:
But too early to tell. Be safe and enjoy these wild times guys, it won't last forever!
Trading anything on margin right now is probably a really bad idea - but hodling is never a bad idea. I'm just making sure to always be 50% in BTC at the very least.
Still analyzing the charts to know what to look for, so I see some more possibilities with LTC - for one it might form a larger Inverse Head & Shoulders:
But too early to tell. Be safe and enjoy these wild times guys, it won't last forever!
