thejdela

Wave 3 About to Commence - LTC

Long
COINBASE:LTCUSD   Litecoin
Current trading channel. We are at the heart-line with no real clear direction, me personally thinking this could be a wave 3 up all the way to that 2.168 with a pullback to the heart-line as support before more bullish movement. Let me be clear, this is a terrible place to make a trade, as we are currently in a spot where the market will make a decision that we should wait for and ride with, not try and guess. I am waiting for a push over the heart-line to try a long to surf that wave 3, if rejected at the heart-line, I am not shorting -- only if it hits the 2.168 would I try a short position.

Green box I would long, red box I would short. Good luck everyone.

DISCLAIMER: I DO OWN LITECOIN

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