This $LIT one didn't work.
The short hit the stop at 3.1322. Best move was just 0.18% while TP1 needed 2.06%. BTC moved against us, gaining 0.57% during this time. Always check what BTC is doing before taking an alt setup in the same direction.
The path:
- Entry zone 3.0195–3.0369 filled right at the post
- Got 0.18% our way, TP1 needed 2.06%
- SL 3.1322 hit ~4h after entry
- Wick took the stop, close was back inside
- BTC in that window: +0.57%
Plan, not advice.
The short hit the stop at 3.1322. Best move was just 0.18% while TP1 needed 2.06%. BTC moved against us, gaining 0.57% during this time. Always check what BTC is doing before taking an alt setup in the same direction.
The path:
- Entry zone 3.0195–3.0369 filled right at the post
- Got 0.18% our way, TP1 needed 2.06%
- SL 3.1322 hit ~4h after entry
- Wick took the stop, close was back inside
- BTC in that window: +0.57%
Plan, not advice.
