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 ishTrade 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. :(Note
avg price 274.386Trade 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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.