LTC in a dangerous position at the moment.
It is sittiing on a historical point that launched LTC to $375+
Most would say buy here. The same was said at $111.00 and we dropped 50%.
I DONT DAYTRADE LTC so for me this is a no go.
I wont risk a 10% profit with a possibility of a 18% to 40% loss if we fall to $45 or $38.
Currently:
Looks like the pump is about to end here.
1H shows a reversal candle,at $56.46, a close under $53 and further down we go.
If we break $56, next stop is $60.00
Happy Trading,
FIBAUS!
It is sittiing on a historical point that launched LTC to $375+
Most would say buy here. The same was said at $111.00 and we dropped 50%.
I DONT DAYTRADE LTC so for me this is a no go.
I wont risk a 10% profit with a possibility of a 18% to 40% loss if we fall to $45 or $38.
Currently:
Looks like the pump is about to end here.
1H shows a reversal candle,at $56.46, a close under $53 and further down we go.
If we break $56, next stop is $60.00
Happy Trading,
FIBAUS!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.