LTC has been ranging between 170$ & 184.6$ for almost a month, right now I am not willing to enter any trade here, if you want to scalp you can do it between the boundaries.
After the fake news, and the big Pump & dump for the LTC today, do not panic, I still believe that LTC will pump by next month to above 240$, but if you are waiting for a discount price, here where you can start placing your Buying orders.
BUT, where to buy in case the market gave us the opportunity to?
For a better risk management, I advise you not to enter with the full investment amount, so either you split it into 2 parts, or 3 , I prefer to split for 3 parts as below:
- Entry 1 :50% of the amount at 153$
- Entry 2 :25% of the amount at 143$
- Entry 3 :25% of the amount at 132$
You can check the chart for more info.
NFA, ALWAYS DYOR
MN
After the fake news, and the big Pump & dump for the LTC today, do not panic, I still believe that LTC will pump by next month to above 240$, but if you are waiting for a discount price, here where you can start placing your Buying orders.
BUT, where to buy in case the market gave us the opportunity to?
For a better risk management, I advise you not to enter with the full investment amount, so either you split it into 2 parts, or 3 , I prefer to split for 3 parts as below:
- Entry 1 :50% of the amount at 153$
- Entry 2 :25% of the amount at 143$
- Entry 3 :25% of the amount at 132$
You can check the chart for more info.
NFA, ALWAYS DYOR
MN
