Over the last 7 days the Litecoin had entered a short-term trading range with the top resistance at 69.25. The probability for a short-term downside reversal back to 59.50 had risen significantly. We've decided to take Short-term action by shorting the Litecoin. This does NOT cancel or override our recent long-term bullish overview that is still very much valid.
Trade closed: stop reached
Short-term upside breakout. Back to the original long-term bullish campaign
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.