LTCUSD Short idea, H&S pattern. Daily trendline possible broke

14 мая 2017 г.

BTCE:LTCUSD
I believe LTC have a bright future, but right now hype about SegWit is over.
Big players are quiting.
Breaking Daily trendline and $25 treshold will be complited H&S pattern, which means minimal $13 dump, I expect $12.7, may be deeper

14 мая 2017 г.

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Bigger picture

15 мая 2017 г.

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Weekly candle closed in red, and it's look like "Spinning top" looks dangerous for LTC

15 мая 2017 г.

Сделка активна

Sad for litecoin, we are braked the neckline of H&Sand pattern is accomplished, and now seems it should go deeprer, i excpect retest of neckline, and then broking of daily trendline

15 мая 2017 г.

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Huge volume on breaking support, means, that now we have strong resistanse at that point

15 мая 2017 г.

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I expect bounce somewhere near to 0.382 fib, then retest of neckline. But be careful, it's dangerous to go long on bear market, better open new short on peaks.

16 мая 2017 г.

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Testing neckline right now.

16 мая 2017 г.

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Good oportunities to add some shorts. You cat set stops above necline

19 мая 2017 г.

Сделка закрыта: достигнута стоп-лосс цена

Stop was reached after breaking neckline. Looks like LTC have some more fuel.