The Litepresence Report on Cryptocurrency
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amonasro
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Yes and no. This could be the bottom, the signs are there. If you want to be more conservative wait until it's totally bottomed out on no volume, or rallies back up a bit (edit: then you'd get in on the first pullback).
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PaulConventionWV
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In a word, probably.
I'm not FOMO'ing this yet, but I set descending buy orders on LTC down to 3.6 in 0.1 increments and went to bed. Looks like a good call pres.
For BTC I think this is what I will do since I'm not currently in with trading funds I allocate to myself.
25-50% now
25-50% descending buy order increments down to _ _ _ ? I'm thinking 260
25-100% ascending sell orders from 320 to 375 depending on how much gets picked up from previous descending. But if it breaks 380 it could fly further.
Maybe I should believe in the effects of the breaking of 300 more? Part of me thinks whales would love to scare everyone back to low 200's after a pop up. So they can get another few months of chop-chop consolidation. It takes a lot of funds to start a new bubble with so many new resistance levels that we didn't have before.
If I'm not in, I wouldn't mind a retrace to low 200's...personally.
The other part of me thinks I should just zoom out on the 4H, walk away and relax. Lots of people talking about decreasing volume right now.
Back to the conscience on my other shoulder...I can't stand seeing my "estimated BTC count" decreasing as we keep rising here.
For BTC I think this is what I will do since I'm not currently in with trading funds I allocate to myself.
25-50% now
25-50% descending buy order increments down to _ _ _ ? I'm thinking 260
25-100% ascending sell orders from 320 to 375 depending on how much gets picked up from previous descending. But if it breaks 380 it could fly further.
Maybe I should believe in the effects of the breaking of 300 more? Part of me thinks whales would love to scare everyone back to low 200's after a pop up. So they can get another few months of chop-chop consolidation. It takes a lot of funds to start a new bubble with so many new resistance levels that we didn't have before.
If I'm not in, I wouldn't mind a retrace to low 200's...personally.
The other part of me thinks I should just zoom out on the 4H, walk away and relax. Lots of people talking about decreasing volume right now.
Back to the conscience on my other shoulder...I can't stand seeing my "estimated BTC count" decreasing as we keep rising here.
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dannno
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Ya Honey Badger 80x sold at 290 and is in fiat atm.. It's only a portion of my investment but being in fiat makes me scurred.
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That's great that it held to 290 though. When was your entry? I backed out too soon at 260's from entering about 235. USD gain on one hand (not as much as it could've been). BTC loss on the other.
Us bitcoiners and our 1st world problems, 'eh? lol
Dianne
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Is this chart showing us to dump LTC at 0175?
presence
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approximately I suspect 12.5% retrace around there.
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presence
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yes. its trading correctly and sold under "overbought" criteria.
the marketplace edition has 3 over rodes this decision:
it its eyes we're still too early into a green dragon to trade; however that override will wear out in about 2 hours.
ma30 is not high enough % over ma150 yet for it to sell "overbought"
resistance is calculated slightly differently in the marketplace edition; and is currently just a bit higher than freeware.
freeware version will hold fiat for a minimum of 48 hours here.
marketplace is still in BTC as of the most recent tick.
.
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Interesting. Let us know what happens. I think u posted that 2 hours ago.
EDIT: Was this referring to LTC or BTC honeybadger?
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