andrerwyss

Long $LTC / RR 5.18

Long
andrerwyss Updated   
KRAKEN:LTCUSD   Litecoin
LTC is currently breaking out of a HVF structure.

Bitcoin is down 5% after the fed increase rates by 0.25% and $LTC is one of the only green coins today.

I took an early entry yesterday currently in at $80.72 with a stop loss and $80. I will move stop loss to $79.45 if the trade develops to first target at $85.73.
Trade closed: target reached:
I closed 70% at target, take profit hit overnight. I will leave 30% on with my original stop at $79.45. The way I monitor over performance will depend on how price action develops.
Trade closed: stop reached:
I closed the 30% overperformance at $90.76.

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