Litecoin

LTC - Are the bulls going to show up?

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I’m keeping half of my position here. LTC is moving sideways, and everything is going according to the plans. But if it closes above the U$ 44.36 I’ll take it as a good sign (blue line, previous top).

We can see more clearly that LTC is moving sideways in the hourly chart:

snapshot

My stop is set at my entry point now, so there’s no way I’m going to lose money here, which is very good for a trader’s psychological side (and emotional too). The risk management isn’t only about money, but about our emotions too.

If you missed my last call on LTC, check my profile. I do daily analysis about cryptos and other stocks I like.

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* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *

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