$LTC long: buyers need to hold 50.9 on the 4H 👀
I want a slow tag of 50.92–51.02 and a hold above it. Lose 50.3 and I drop the idea.
Price 51.0 sits below the 4H EMA50 at 52.4, so the stop matters here. 1.3% to the stop, 2.0% to TP3, that's 1.6R if TP3 gets there. Short-term BTC is bullish, which helps this bounce.
Entry 50.92–51.02 (long)
Targets 51.35 → 51.61 → 51.99
Invalidation 50.33
nfa · dyor
I want a slow tag of 50.92–51.02 and a hold above it. Lose 50.3 and I drop the idea.
Price 51.0 sits below the 4H EMA50 at 52.4, so the stop matters here. 1.3% to the stop, 2.0% to TP3, that's 1.6R if TP3 gets there. Short-term BTC is bullish, which helps this bounce.
Entry 50.92–51.02 (long)
Targets 51.35 → 51.61 → 51.99
Invalidation 50.33
nfa · dyor
