LTCBTC - Upward momentum

Oct 6, 2020

I Opened a long position.

Oct 6, 2020

Note

LTC is out of the downtrend channel, RSIs are higher than 50, on latest 4H candle, we have huge volume.. A stable uptrend appears to have formed.

SL is closure of one 4H candle below trendline.

Oct 7, 2020

Note

Trendline still support it..

Oct 7, 2020

Trade closed manually

I close my position with 1.5% loss because I do not think the market conditions are suitable for climbing.