$LTC sits 11.1 percent below its weekly high. I am passing on it today
Volume is sitting at 0.6x average which means nobody with real size is backing this drift down to 53.2100
I need to see an hourly close and hold above 55.1500 before I touch it
Or I want a clean test and bounce at 53.1100 to prove buyers are actually there
It could keep running without you and a bad entry costs more than a missed move
Chasing $LTC here or waiting for 53.1100
#LTC #RiskManagement
Volume is sitting at 0.6x average which means nobody with real size is backing this drift down to 53.2100
I need to see an hourly close and hold above 55.1500 before I touch it
Or I want a clean test and bounce at 53.1100 to prove buyers are actually there
It could keep running without you and a bad entry costs more than a missed move
Chasing $LTC here or waiting for 53.1100
#LTC #RiskManagement