#LTC follow up

in #steemleo7 years ago

In my previous #LTC plot the move was clearly going to break the wedge pattern and it seemed to me a good buying opportunity for the short term. Now as the previous short move has happened and there is a new move that formed and this time I'm currently thinking of buying for the long term. The next support level sits at 0.0075 BTC which is probably the test level that will be hit before a new move will get started. The resistance level sits at 0.0097 BTC , a break above it will try to test the 0.012 BTC and 0.016 BTC resistance levels and if the test is possible it will stay within those levels.

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This is my first post at @steemleo thanks to @improv. I will try to keep posting my chart analysis and trading plans, sharing info and hopefully interacting with people who find this valuable. I'm not an experience trader and I do not want to be one at least for now, tho I love charting and seeing how the charts can help you get in good trades. I've previously entered a few winning trades but most were loosing ones. I will be sharing my current "portfolio" which is not big by any means and I still need to make some coding and charts for things I've done in the past. I'm a developer by profession and I love analyzing hence the charts I usually try to do. I also like to see how can I get information from raw data by coding scripts that extract it and how that can help taking better and smart decisions in the future.


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