Entry for both: $7,600-7,700
Short Positions (for safety):
Stop Loss - $7,780
Targets - $7,530, $7,036
Long Positions (more likely):
Stop Loss - $7,523
Targets - $8,125, $9,099
I enjoy entering two positions with close stop losses in a time of major , as the stop loss for both of them will outweigh the possible gains that can be made in either direction. Although this does reduce the amount of profit I can make, I enjoy making safe and steady gains over time than a huge load in one shot while risking a lot of money (I've been making big trades recently). As always: trade safe, set stop losses, love cryptocurrency, and stay tuned!
As always if you enjoyed this analysis please feel free to throw a like on the chart!
Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
Cyclical Analysis based on the BTC & LTC Halving has offered strong actionable intelligence for both a long on BTC and Short on LTC. Would love to get your analysis on our charts based on Cryptonomics research.
Great info, thanks!