| Litecoin $LTC | Textbook Wyckoff? | 5/7 |
https://twitter.com/CryptoBarTalk/status/986732001813286912
#Litecoin still appears to be following Wyckoff's Accumulation method solidly.
(Google the Wyckoff Accumulation and Distributuion if you are unfamiliar)
While the red lines may appear confusing a bit, they reference a chart I made back in the middle of April in the link above.
My main buys have been in the $110-115 range as well as $135-140. Since then I've sold a chunk around at ~$160, rebought around $145, sold chunks at ~$165 & $175.
My current buy zone is around $152-158. Target 1: ~$180. Target 2: ~$190-195.
#Litecoin still appears to be following Wyckoff's Accumulation method solidly.
(Google the Wyckoff Accumulation and Distributuion if you are unfamiliar)
While the red lines may appear confusing a bit, they reference a chart I made back in the middle of April in the link above.
My main buys have been in the $110-115 range as well as $135-140. Since then I've sold a chunk around at ~$160, rebought around $145, sold chunks at ~$165 & $175.
My current buy zone is around $152-158. Target 1: ~$180. Target 2: ~$190-195.