Dear Gamblers,
Here is one quick strategy that could play out in the following days.
I remain bearish as a whole in the crypto market, but as always, there's good opportunities meanwhile. The reason that I think the value will pump in the near future is that every time it has crossed the triangle it has rallied before the dump + volume momentum + it seems today we will close the weekly candle with a bullish pattern (Dragonfly Doji).
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STRATEGY
Stop limit long position on LTC @81USD
Stop loss market @61USD generating losses of -24.69% --> This is just approximate, read the comments below.
Target @92USD generating 13.5% profits.
Positioning 5%
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Comments: This strategy need to win momentum in the near future, if in the following days we don't get a proper green candle or if LTC value do not cross our enter point at 81USD, it gets totally invalidated and I would get out with losses if needed. This means that there's no need to wait until stop loss crossing.
Have a nice one for me,
BeniGo.
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Disclaimer: I am not your financial advisor neither i intend to be, do your own research before gambling in here.
Here is one quick strategy that could play out in the following days.
I remain bearish as a whole in the crypto market, but as always, there's good opportunities meanwhile. The reason that I think the value will pump in the near future is that every time it has crossed the triangle it has rallied before the dump + volume momentum + it seems today we will close the weekly candle with a bullish pattern (Dragonfly Doji).
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
STRATEGY
Stop limit long position on LTC @81USD
Stop loss market @61USD generating losses of -24.69% --> This is just approximate, read the comments below.
Target @92USD generating 13.5% profits.
Positioning 5%
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Comments: This strategy need to win momentum in the near future, if in the following days we don't get a proper green candle or if LTC value do not cross our enter point at 81USD, it gets totally invalidated and I would get out with losses if needed. This means that there's no need to wait until stop loss crossing.
Have a nice one for me,
BeniGo.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Disclaimer: I am not your financial advisor neither i intend to be, do your own research before gambling in here.
Trade closed manually:
Dear gamblers,
We didn't have this momentum that we were talking about and things got pretty ugly, I close this strategy with a 0 loss as we didn't hit the beginning point.
Kind regards.
We didn't have this momentum that we were talking about and things got pretty ugly, I close this strategy with a 0 loss as we didn't hit the beginning point.
Kind regards.