Trading plan: LTCUSD (Litecoin)
Litecoin rate has grown drastically.
Priority of the day: neutral position on LTCUSD.
It is now dangerous to enter into the sale of Litecoin since the upward movement is not over yet. We plan to look for sales of Litecoin from the zone: $ 127 - $ 124.
Projected scenarios:
1. The LTCUSD rate will rise from $ 120 to $ 127.
2. The LTCUSD rate will drop from $ 120 to $ 116.
An alternative scenario:
LTCUSD rate may remain in the lateral movement for another day. This option also does not suit us, because we want to get into impulse movement, and we are not on board with remaining for the half of the day in the flat.
Priority of the day: neutral position on LTCUSD.
It is now dangerous to enter into the sale of Litecoin since the upward movement is not over yet. We plan to look for sales of Litecoin from the zone: $ 127 - $ 124.
Projected scenarios:
1. The LTCUSD rate will rise from $ 120 to $ 127.
2. The LTCUSD rate will drop from $ 120 to $ 116.
An alternative scenario:
LTCUSD rate may remain in the lateral movement for another day. This option also does not suit us, because we want to get into impulse movement, and we are not on board with remaining for the half of the day in the flat.
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