LTC retrace targets: Update

5 במאי 2018

Based on the slightly higher top than expected, I have adjusted my entry zones.

LTC has been liking the 382 fibs, worth noting for future consideration.

5 במאי 2018

הערה

This is an adjustment to my previous plan posted here:

6 במאי 2018

הערה

I might have missed a scalp entry.
But there will probably be more correcting early next week.
So will see how Sunday goes and keep an eye on the zones.

6 במאי 2018

הערה

Perfect bounce down from weekly pivot (green)
LTC is not diving like BTC just did, a very good sign.
So am going to load some limit buys in my first green zone

6 במאי 2018

הערה

Per my updated TA above, I did buy some in the darker green zone.
Have now sold 60% of that position, with trailing stop on rest.
If it keeps going, then I will let the trailing stop protect remaining profits.
If it hits my stop, I will re-evaluate at that time....

7 במאי 2018

הערה

just scooching the stop upwards.

7 במאי 2018

הערה

Trailing stop hit, trade closed.
Will look at next zone, possibly for a better bounce

7 במאי 2018

הערה

Back in the zone, but I think it will break this time, so will watch next zone, or sings of reversal here with a ''double bottom'' maybe (but not likely)

7 במאי 2018

הערה

Fine tuning my next green zone:

7 במאי 2018

הערה

Approaching my next zone.
Down momentum is strong.
Will need to see what the 382 does.

7 במאי 2018

הערה

Watching for signs of buyers

7 במאי 2018

הערה

Looking like an ok bounce.
Not convincing, but sellers look to be gone for now.

7 במאי 2018

הערה

Been watching this 382.
LTC has been hitting the 382 fibs and reacting.
Lets see what this one does.

7 במאי 2018

הערה

LTC has been playing the 382's lately.
I think we may be bouncing here for real now.

7 במאי 2018

הערה

Well, it went a little lower than expected (dont that always?) but bounced.
Now just trailing stops, or might add on dips. Planning options now....

8 במאי 2018

הערה

Bought a little at the possible wave A end, just in case that WAS the bounce. But still wary of a wave C to complete the ABC

8 במאי 2018

הערה

LTC looking break out of its cage.
If it busts out soon, then it will prolly rocket, at least until Europe wakes up.

8 במאי 2018

הערה

Up Periscope please

8 במאי 2018

הערה

Argh, fake break and then drop.
Typical for this time of day, around EU/UK market openings.

8 במאי 2018

הערה

.
150 test inbound.
Approaching my next zone to watch.
Have fined tuned the range.

9 במאי 2018

הערה

.
Thinking we might get a little bounce before 150, perhaps only to fall to 150 after, or maybe turn just north of it since there will be a lot of buyers waiting there (so deny them the ride from the bottom). So I might put some limit buys in my smaller green zone

9 במאי 2018

הערה

LTC is hugging the .382's again.
148-150 ends a Crescendo of wave 5's.
Cant wait to see what happens

9 במאי 2018

הערה

.
This plan has worked out well for scalps.
Now I am just wondering if this was THE bounce?

9 במאי 2018

הערה

.
I still think a 150 test is needed.
And based on those results, I might go ''all in'', or not...

10 במאי 2018

הערה

.
LTC stuck at this 382

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if it cant break 160 today, it might need to retest 150

10 במאי 2018

הערה

LTC approaching my area of interest.
I was hopping for a retest of 150.
Will watch price action here.

10 במאי 2018

הערה

Fine tuned target I am watching for

10 במאי 2018

הערה

Moment of Truth

11 במאי 2018

הערה

Has LTC found the bottom?
Sellers are spent if you ask me.

13 במאי 2018

הערה

Decision point for LTC
s3.amazonaws.com/tradingview/snapshots/v/V2tpwfOH.png