LTC is completing its 5th wave of this cycle. For this that Tok the advice to enter LTC around the $30 mark, I. would be looking to be gradually taking out my profits between $52 and $59 as we approach the $60 test. This could be a great place to place a trailing stop if y our exchange allows, otherwise I would be raising my stop loss just below the $50 mark.
My strategy is to take 80% profits off of the table in cash and store 20% into your LTC stack. For those who took that trade, well played. For those who didn't I would wait now for this cycle to play out and renter the ABC.
My strategy is to take 80% profits off of the table in cash and store 20% into your LTC stack. For those who took that trade, well played. For those who didn't I would wait now for this cycle to play out and renter the ABC.