Hi, I would like to share the Fractal positioning of Litecoin vs BTC. Plus Fib Retracements with possible bounces.
Note: This pattern would be complete invalid if the price goes below 6700 sat.
Recommendation: Trade safe with a good Stoploss below Invalid point. This would be a large trade that can even go to 6900 or 6800 level.
PD: The critery
Your criteria your inner voice has to be superior . The history of the market, the narrative of the market that you carry whatever you carry, has to be superior to everyone's. Even if everyone tells you otherwise and is your own people.
You have to believe in your criteria, if you are wrong you have to get out of trade is with the market, not the ideas of others. Is the market that tells you that you are wrong and for that you have to have your own knowledge and your own Criteria.
Note: This pattern would be complete invalid if the price goes below 6700 sat.
Recommendation: Trade safe with a good Stoploss below Invalid point. This would be a large trade that can even go to 6900 or 6800 level.
PD: The critery
Your criteria your inner voice has to be superior . The history of the market, the narrative of the market that you carry whatever you carry, has to be superior to everyone's. Even if everyone tells you otherwise and is your own people.
You have to believe in your criteria, if you are wrong you have to get out of trade is with the market, not the ideas of others. Is the market that tells you that you are wrong and for that you have to have your own knowledge and your own Criteria.
Trade closed: stop reached