Litecoin #Intraday short

May 18, 2023

The countertrend-risk deal.
The logic of the deal.

Sell from a strong area of $94, in this zone under the level passed large volumes, closed with a small pin bar. Sell from the current price or at the beginning of the movement and breakdown of 92.
I expect a correction after the growth, with targets 90, 88, 86.
Stop behind high or second stop above 96.

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Good luck and profit to all.

May 18, 2023

Trade active

#LTC came to the first target of about 4% profit, here you should close 50 to 70% of the position.

May 22, 2023

Trade closed manually

#LTC The moment the sale went no further, the logic of the deal was canceled. Closing the rest of the position in profit.