$LTC just did something worth talking about, here is what I am seeing. Price rallied straight into supply and stalled hard, so here is the trade.
Entry: 44.41-44.676
TP1: 43.652
TP2: 43.207
TP3: 42.762
SL: 45.03
That zone above 44.6 has been rejecting wicks all session and buyers are not following through anymore. Momentum is fading right where it needed to hold.
Risk sits tight at 45.03 and this one is offering a clean multiple down toward 42.76 if it plays out.
You taking the short or waiting for it to tag entry first? Drop your take.
watch this space.
$LTC $BTC
Entry: 44.41-44.676
TP1: 43.652
TP2: 43.207
TP3: 42.762
SL: 45.03
That zone above 44.6 has been rejecting wicks all session and buyers are not following through anymore. Momentum is fading right where it needed to hold.
Risk sits tight at 45.03 and this one is offering a clean multiple down toward 42.76 if it plays out.
You taking the short or waiting for it to tag entry first? Drop your take.
watch this space.
$LTC $BTC