LTC is setting up for a potential risk conscious trade here. One may consider buying on a break above 275.162 with a target at 281.07 and a stop loss close to 271.50. Buying on a pullback after the break should bring the R/R into 2:1 if done properly. This trade triggers ONLY on a break above from here.
Trade active:
trigger has been pulled... buying on pullbacks with a target up to 281 ish
Trade active:
raise stop to -0.6% on avg price.. this immediate collapse after trigger is not what we like to see in a day trade. :(
Comment:
avg price 274.386
Trade active:
pulled target down to 275.90... there's no momentum here and the upper range could hold. It may not but in a day trade.. we take the easy out.
Trade closed: target reached:
out 275.90 solid gain midday with no MOMO... 0.5% nominal could be a 1.5% with 3X leverage and so on. These are the gains you want as a day trader. We offer potential charts to trade for entertainment and educational purposes only, with high probability setups.. we do not invest in coins here on the Trading View.
