position still shows strong momentum up, ath is at $50, on hourlies there's clear ascending triangle / flat top pendant, target at 20, 30, and 50. Trade is high leverage 16x, risk is 1% of bag. I have several positions opened minutes after the news and later, I drew two.
Note
Don't listen to me, I don't know anything by the way. And I'm trading based on okcoin ltcusd index, so price is lower but I trade based on poloniex:ltcbtc*bitstamp:btcusd for highest volume and fastest reactions.
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