I could be pretty wrong on this….ltc/usd. Majorities are seeing a bullish movement, but I see a continuous bearish movement down to 110usd and below.
I am hanging holding onto a sell trade for over two weeks now. And I intend to add to the bear position. I am just waiting for a rebound to above 142 up to 150.then I will go short again and target exit at 110usd.
Why looking to do this, I have to plan to be saved as well. So I my stop loss will be above 165usd. however, 173usd is a strong area or resistant tested severally, you can have yours on 175usd for more security.