LTC Destined for fresh ATHs with a 50% move to the 1-1 Extension
Updated
LTC making its way up from the bottom of the channel
after its correction from 335$ ATH.
New targets have been set with a 1-1 fib Ext pull and currently
we are inside a well respected ascending channel since Dec2020.
expecting some resistance at the .382 level .
The TP i have labelled are examples of where i expect resistance and indications so you
know where to pay yourself .
Personally I will retain 25% of my long at TP3
depending on volume and other metrics at the time .
Ensure you have a plan also including SL and know what you will
do if BTC makes a violent move as generally ALTS will be casualtys
Do Not FOMO in ,Create a calculated entry .
Remember no one went Broke taking profits on the way Up
Like Share and Follow For Regular Setups .
after its correction from 335$ ATH.
New targets have been set with a 1-1 fib Ext pull and currently
we are inside a well respected ascending channel since Dec2020.
expecting some resistance at the .382 level .
The TP i have labelled are examples of where i expect resistance and indications so you
know where to pay yourself .
Personally I will retain 25% of my long at TP3
depending on volume and other metrics at the time .
Ensure you have a plan also including SL and know what you will
do if BTC makes a violent move as generally ALTS will be casualtys
Do Not FOMO in ,Create a calculated entry .
Remember no one went Broke taking profits on the way Up
Like Share and Follow For Regular Setups .
Note
As planned ...Ive taken TP2 and will await the 1-1 ...dips are for buying for meNote
MOre LTC Added on the pull back as stated earlier todayNote
Consolidating under resistance for a few days and finally amshes through the 1-1at 376 USD ..This was a TP3 for me but as always i leave 20 percent to run on a trail stop
congrats if you took this trade with me
Trade closed: stop reached
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