Litecoin LTCUSD - 1D - SHORT - Trend Entry Setup - 21 May 2020

Short

Litecoin (BITSTAMP:LTCUSD)

Updated

BITSTAMP:LTCUSD Litecoin

Trend Analysis Chart Patterns Wave Analysis Litecoin (Cryptocurrency) litecoinusd LTC LTCUSD trade trend setup

trendanalysis chartpattern waveanalysis litecoin litecoinusd ltc ltcusd trade trend setup

LTCUSD at a key resistance zone on the daily chart
Trend: Bearish

Enter SHORT @ 42.5
Stop Loss @ 49.5
Target 1 @ 32.5
Target 2 @ 28.5
Target 3 @ 22.25

Trade closed: stop reached

Comment:

I normally close the trade with a stop loss on candle close regardless if I am trailing or not.

Trade closed: target reached:

Take Profit 1,2 & 3

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