LTC/USD SHORT - CAUTION: POTENTIAL FOR ONE LEG HIGHER

If stopped out I plan on reshorting. Theres is POTENTIALLY one more leg to count 5 on this uptrend on the daily. Im really on the fence here. Probably a few hours after this call ill know. But im going to take the chance here, potentially get stopped out and then short higher if we do get up there. Looking at $60-65 range at that point

Regardless I plan on accumulating shorts in this zone.

Comentário:

In this hourly, we have slightly broken higher. I have closed my short at breakeven. BTC might go for a breakout. Sitting on my hands for now

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looks like we broke higher and got rejected. took the short again. i just needed to make sure this thing wasnt pumping too hard. im shorting the next green up candle. still might give us a baby squeeze to $60 on coinbase.

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in at $58.35 ill take it

Comentário:

closed at $52.9

Trade ativo:

Shorting this bitch into the dirt @ 60.70