LTC looking for some upside with ETH and BTC
LTC trying to hold this pivotal volume area has potential to push up over 2% towards recent highs giving a beautiful 3.6R potential.
Comment:
trigger is a break above last high at 92.50
Trade active:
Good trigger and we are off...
Trade active:
watching carefully here as we dip with ETH pushing into a low test. ETH should hold lows and we will be buying there too. But that selling is pushing LTC lower than we would really like right here. Not at the stop... but getting close.
Trade active:
barely ticked under our stop area and we waited for just a beat... and thankfully, as we ripped off that area and we ended up adding long around the .34 area.
Comment:
buy locations
Trade active:
mmm.... hate these pushes into support but ETH wants 1880 and is dragging everyone down
Trade active:
I do not like this look right here... at.all.
Trade active:
if we dont push up and out here.. I'm gonna have to take a stop. There is way too much volume under VWAP now...
Trade closed: stop reached:
NOPE covering... looks like I'll be getting out for about 1.5R... LTC continues to have my number lol. I knew it wasn't going to be good when more people started agreeing with me than usual.
Comment:
Comment:
was able to cover for a little less than 1R which was great!
Comment:
so glad we covered this nasty one... looks like it wants to squeeze here to test the upper side of the range... if it does though, collapse lower from there is most probable according to our estimates.
