This article was posted on Thursday, 07:03, UTC.
Litecoin Litecoin has successfully closed above the arc that had been dragging it down. I believe the low is in and a rally will ensue to at least $40. Stellar Lumens Stellar Lumens had had a huge advance, stopped not once but twice by the top of this setup. We are now below the 5th arc again, and just below (at?) the 2×1 angle which has provided support since the rally began. We are sitting on an energy point in time (red vertical line). This is not a buy here. At best it is a hold. Traders sitting on huge profits might…
// -- Discuss and ask questions in our community on Workplace
. Don't have an account? Send Jonas Borchgrevink an email -- //
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.
Feedback or Requests?
Receive New Posts on Email:
Jim has an MBA from the University of Southern California. He has had a long career in both Corporate Finance and IT. Along the way he discovered that trading was a vehicle with great promise, but struggled for a long time without a mentor. After having been knocked down many times and having struggled to get back up, he had an epiphany and realized that geometry was a solution. He shares his experience here.
If you do well as a result of suggestions made here, feel free to say thank you :)
Follow him on Twitter (@jimfred1276) or email him at jimfred1276 at gmail.