Hi Everyone, it looks to me like LTC/USD is completing a falling wedge pattern after a large uptrend (bullish combination). This seems like a very good buy zone especially considering that the price has fallen down to, and is hovering, at the 61.8% golden fibonacci retracement ratio. I am a noob so don't trade solely on my advice!!!!!
Buy: Once a 4hr candle closes above the trend line, probably $235-$240 if it breaks Significant volume increase. Suggestion is shown with a black line in the volume indicator window.
Target 1: $365 - Height of wedge
Stop-Loss: $160 - Apprx level of next lower fib retracement with cushion
Feedback from experienced traders is much appreciated!
Just wondering how much you think u could make from 10k in a month? As a noob
mciche2
⋅
@PB604, as a noob, I wouldn't be playing with anywhere near 10k :) i honestly wouldn't feel comfortable making a recommendation, other than to educate yourself as much as possible and test your picks with small amounts or with a simulator :P
Just wondering how much you think u could make from 10k in a month? As a noob