LTC is on the verge of a SegWit activation and has been highly bullish over the last week. I'm expecting a major upwards rise with targets of:
1) 11.42
2) 12.34
3) 14
Bitcoin
CMP - 896
Here, I have drawn the important lines.
Now trade their support, break and retest.
Have a specific strategy of position sizing and stop loss which suits your trading plan.
Personal suggestion - After entering on a signal candle, exit the trade when 2 more candles are formed, the close of it, that is, 2 hours.
Thanks.