Litecoin / BitcoinShort
Short LTC
Updated
Swing Trade (Daily,4H)
On daily price is in sellers territory. We got a nice pullback to the Resistance Level 0.00929874 level and we turned many people into buyers. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, BTC is on Bulls run and so, LTC has a +3 weakness.
Entry: 0.00929874
TP: 0.00783643
Stop loss: 0.01043926
Position Size: 1% Risk on your capital/513.234
Risk/Reward: 1:33 So, Proper RR is maintained.
If TP is hit then we will be at 18% profit.
Buy from Sellers and Sell from Buyers.
On daily price is in sellers territory. We got a nice pullback to the Resistance Level 0.00929874 level and we turned many people into buyers. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, BTC is on Bulls run and so, LTC has a +3 weakness.
Entry: 0.00929874
TP: 0.00783643
Stop loss: 0.01043926
Position Size: 1% Risk on your capital/513.234
Risk/Reward: 1:33 So, Proper RR is maintained.
If TP is hit then we will be at 18% profit.
Buy from Sellers and Sell from Buyers.
Trade active
Book 50% of your profits.Trade closed: stop reached
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