LTCUSD Recovery

14 февр. 2018 г.

It appears that the storm is over. Let's see if LTC fares the weather, with 208 as her next target.

14 февр. 2018 г.

Заметка

Target 1 Reached :)

15 февр. 2018 г.

Заметка

TARGET 2 REACHED

15 февр. 2018 г.

Сделка закрыта: достигнута тейк-профит цена

tradingview.com/chart/XyBOwZ5h/

LTCUSD hit two of my targets on the fibonacci trend extension. at this point there is recognizable bearish divergence on the RSI and STOCH. RSI.

From here I will look for reentry at around the 4hr; 50 ema zone at $200. this formation is comparable to a falling wedge, which is a very unpredictable pattern that often 'fakes out' before determining direction. Use caution when deciding reentry.