LTC - Potential SHORT -15MIN/1HR - Bybit: LTCUSDTPERP

Trade Status: ACTIVE

Trader: Drizzzled (AUS)

Trade Type: SHORT
(RE-ENTRY/DCA/LADDER ABOVE previous entry post)

Entry 1: 62.35 (entry 1 box options)
-if missed focus on next entries. Don’t stress.
Entry 2: 64.68 “”
Entry 3: 67.42 “”
Entry 4: 70.18 “”
Entry 5:
Entry 6:
Entry 7:

Stop Loss:
Entry 1: 63.80 gann resistance (entry 1 only)
-5-10% move from your chosen entry 1
-slightly above/below entry/key resistance
-1:1 or to own personal risk factor
Entry 2: “”
Entry 3: “”

Take Profit Targets:

-59.07 (200ema tp)
-60.75 (50ema tp)
-n/a (800ema tp)
-
-

Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.