DEMO of my FSBGB indicator on LTCBTC (1D)
Used in conjunction with the Bollinger Band + Fib-retrace.
Minor Bottom recently detector triggered on the 1D chart.
Personal trades:
Not financial advice; just my personal opinions.
Minor Bottom recently detector triggered on the 1D chart.
Personal trades:
- Starting to cost-average into LTC now.
- Stop-loss set at 0.0095 BTC
- Selling some (20%?) at > 0.0145 BTC
- Holding the rest till after actual "halving".
Not financial advice; just my personal opinions.
Commento:
If drops below 0.0095 BTC, target will be @ down to 0.0075 BTC according to my FSBGB indicator.
Commento:
Exited trade of 0.1% trading stake @ 0.0095 BTC.
Next target to consider re-entering is at 0.0075~0.0085 BTC -- but heavily dependent on how BTC/USD behaves. Need BTC to go sideways for awhile + confirmation of accumulation.
Will expect traders to "sell the news" after the halvening.
Shall wait till after that happens before reconsidering re-entering LTC depending on the charts.
Next target to consider re-entering is at 0.0075~0.0085 BTC -- but heavily dependent on how BTC/USD behaves. Need BTC to go sideways for awhile + confirmation of accumulation.
Will expect traders to "sell the news" after the halvening.
Shall wait till after that happens before reconsidering re-entering LTC depending on the charts.
Commento:
Will need to drop below 0.0075 BTC first, and then will observe its behavior at that range (i.e. if it bounces strongly or finds support) + RSI analysis, and will consider buying in again slowly from 0.0075~0.0085 BTC range.