mRSI
Long

LTCUSD new entry level

BITFINEX:LTCUSD   Litecoin / Dollar
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This trading idea is based on a breakout over a local swing high following a continuation of the upward trend. After the last rally, LTCUSD has stabilized around SMMA50 and is getting ready for a next swing. Place your buy orders above 289.00 to confirm the upward trend and take profit at 1.618 fib (500.00). For short term traders interim profits can be taken at 370.00 level. Place your stop-loss at 275.00 in case the pattern breaks (orange boxes). This trade is especially suitable for inexperienced traders given its low risk/profit ratio. Enjoy!

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mRSI
Trade geschlossen: Stop wurde erreicht: Our stop-loss has been hit. Therefore it is critical that you enter only once the continuation pattern has been validated (level 289.00 in this case). We will have to wait for setup (289.00 will still be an important milestone).
Stop has been reached cuz of the pump-dumb scam. nothing to do with organic pattern
Antworten
Hi mRSI,

nice to see you here. Have followed you ever since on Telegram but guess moving over to the TV is a good move. Fully with you on this LTC idea.
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