SWING TRADING OPPORTUNITY FOR LTC HODLERS

First of all this is a HIGH RISK TRADE! The market is steady so HODLing is always safest, especailly considering LTC could take off at any moment. That being said, I’ll still attempt this trade with a small amount of LTC. We have a possible reversal on the 30 minute Mac D and some bearish divergence on the small time-frame charts. Some could argue this is a hidden bullish divergence but I don’t think that’s valid on the small time-frame. Assuming BTC goes to 6800 and LTC to 60 , 60/6800 = .082 target which also happens to line up with the 0.618 FIB. Added a little padding to .086 for how awesome LTC is :p This may take a day or two to play out. I also have a standing sell order at .09 hoping to catch a spike. Good luck, trade at your own risk!!

Sell target .0895

Buy target: .086 - .082

Comment:

I just realized my mistake... forget the part about BTC 6800 , i meant 6700 and had some bad math. I might hold out for the .618 fib anyway, but will be happy to close this anywhere below .0086

Comment:

updated buy target .0089 - .0082

Trade active:

Blue line or red line, which do you think?

Trade active:

2 current targets: buy back half my position at .00883
sell order for same amount at .009

Getting some rest for now, lets see what it looks like in the morning

Trade closed: target reached:

Overslept my alert , but managed to close the trade at .0086 , with patience you may be able to get it back from .0084 - .0085 within the next couple hours but I've gotta get some sleep. Thanks for reading! Happy trading! Please leave a like and follow if you would like to keep seeing me draw the future ;)