LYM-BTC: Trying to play the range/trend
Updated
Coin has done pretty well over the past few weeks, and seems pretty steady.
Price broke out of the downtrend channel and found some support. Looks like decent risk/return for entry around here (about 3x)
Price broke out of the downtrend channel and found some support. Looks like decent risk/return for entry around here (about 3x)
Trade closed: stop reached
Price hit the stop level and top of the old downtrend range. Price has previously come down through range bottom (maybe range too tight?) so could still work back up. Adjust SL level and re-enter
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