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FiftySatoshi
May 24, 2018 8:36 AM

LTC/BTC Short

Litecoin / BitcoinPoloniex

Description

BTC: Bulls lost the battle

-) breakdown of the Triangle
-) break of teh lumpy H&S
-) tight stop-loss if BTC bounces


Trade closed manually

Closed MY LTC/BTC short at break even or precisely at a 0.5% gain as LTC/BTC keeps going sideways at 6m support. Don't wanna gamble thats why I closed it.

Furthermore BTC reaches a market structure support Area and the probability of a bounce (doesn`t matter how strong it is) increases.

Don`t wanna hold a Short when BTC bounces!

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