$LTC long closed on stop loss | ComeDown on Binance Square

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$LTC long closed on stop loss

ComeDown

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Bullish

$LTC long opened at 119.12
low leverage but on coin futures )
price filled yesterday's gap
target 137
stop under 118
I will move stop higher after each reducing position

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LTC

111.85

+5.83%

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$BTC update for short the price dropped below yesterday's incomprehensible structure with large volumes, but did not rise above 96989 what's the plan today is Friday and tomorrow the entire crypto market will be in free flight I will reduce the position by 25% at the level of 38% Fibo - 95500 and move the stop to breakeven a very remarkable level of 94630 - that is 50% of the upward move from the new low the downward move on BTS is not finished yet, the price has not passed the previous lows at 90300 and there is no beautiful reversal pattern, the whole structure is more like swings before the fall

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$ADA I'm still short, average entry price is 1.062 the last 4 hours have been like a war, I sell, the price goes up, I sell again, and the price goes up again... when big money is sold, the price can jump very fast and very high, here of course it's better to wait what's the plan at 1.034 I'll reduce the position by 25% and move the stop to breakeven +25%ROI - this will cover the loss from the previous short and pay me for my patience ;) -- the second leg of the upward move was completed at the level of 1.065 the price made a jump to a level higher than the opening of the previous month 1.08 - which was assumed a very fast rise in price suggests that someone was in a hurry to deliver the price to a certain level at 68% Fibo in this zone on the 4-hour chart, between 50-68%, the distribution-accumulation zone is clearly visible before the price decline in December what is the scenario - the first week of the year - very speculative next week FOMC on Wednesday 01/08/25 and non-farm payrolls on 01/10/25, and a week later on 01/20/25 Trump's inauguration we may see a new low

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$ADA update - avarege opening for short 1.041 second leg finished, let's see what will happen -- short opened from 1.0214, avarege at 1,024 I will increase the position if we will see more higher levels -- there is still a risk of attacking the opening level of the previous month 1.07, so the position is again small, medium leverage and stop - I do not write only for those who are eager to scribble a few words, maliciously predicting the closure or liquidation of the position - this is not a big loss for me - if this happens I will write about it and that's it - just part of the process don't try to bite me - give me good counterarguments -- on the spot in the last rise in price from 0.98 to 1.03 small and medium investors actively participated, but where were the big sharks? who sold to them to open longs and who is selling their coins at this moment? -- the second leg up from 0.82 ends at 1.06 - just a little bit under previous month's opening level on the chart in the 50%-68% fibo range there was a massive sale of spot coins - if big money was selling at this level - I don't think we'll see... what was said? 3 or even 4?

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$ADA update - short closed on stop new short opened from 1.021 medium leverage, small size --- short opened from 0.9593 stop high 0.99687 target 0.65 price was perfectly delivered up, as expected, price did not reach the marked level at 1,07, so I have a small position and low leverage - if the price is delivered to the opening level of the previous month - I will increase the position monthly closing at 0.84 and the upward move in the first days of the month and the last days of the week suggests that we can also quickly update the lows

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$BTC short opened from 97215 stop a bit high 99369 target 87400 all four days starting from December 30, December 31, January 1 and today I consider as a gift of smart money for small investors, looking at the open interest on the spot, I can say that while big money was selling, small and medium - were buying - trap? of course if you look at the monthly chart and the weekly chart - it is obvious that we should expect a rapid downward move

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