Litecoin, the best trade of the year so far
I wrote back in January to buy litecoin at $117 and $85.5. Price managed to hit the only first entry and not the second. The fact is that it is impossible to predict the bottom, so no complains about that.
I sold 1/2 of my position at 234 which seems to be the third wave of a much larger wave (I). The rest of my position is literally free so I'm planning to keep it for a longer, targeting another all time high.
If looking to add to the position, I would wait for the wave 5th to end then buy on the a-b-c retracement. Usually I buy on wave C=A or 61.8% entrancement. If both of them align, then it is a very good buying opportunity.
Please read my previous post:
https://steemit.com/cryptocurrency/@ctyptouniverse/litecoin-correction-will-end-soon
Previous chart:
Follows and upvotes are appreciated :)
Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. This is not a financial advice. It should not be regarded as investment/trading advice.
Great post as always. Keep sharing.
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@ ctyptouniverse what do you think that this is right time to buy bitcoin ?
can you tell me your preductin about it?
reply me please..,,.
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really thank you for sharing with us.we know this valuable information just read your post.keep it up.waiting for your next wonderful post.thank you.go ahead
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See I wanted to sell at 234, but I bought at 132. I want to double at least. How far off do you think the next all time is?
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Litecoin has been on fire this past week! i can't wait to see what the future brings.
thanks for this post!
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How do you predictions next week. whether going up, or going downhill
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I already write it, i expexr wave 5 then a small abc correction. After that, price should keep going up.
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Thank you for sharing your wisdom on investing, all the best .
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Thank you for your kind comment :)
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