LTC - More Core holdings setting up !
This is where patience and money management is critical. We went to cash before the alt-coin crash and though we missed BTC from $4400 for $4800, I would rather miss a trade, and be patient than force a trade with uncertainty. Several core coins are offering an opportunity to provide descent short term trades to cost average our core holdings. I'm liking several and I really like this one due to a very low risk reward as the channel has been pretty tight. These horizontal consolidation trades are less risky then some of the more volatile flag wedge and traingle setups!
Trade ACTIVE at 50.52$ looking for 55$ with 48$ as Stoploss.
Probably there is bull trap. Be careful!
Anything Could be true but I'll stick with what analysis shows for sure . Its a big part of trading psychology .
Thanks a lot. I will try your recommendation