LTC Litecoin November 27 Technical Analysis – Short Entry $92-$96 – Target $78.

It is absolutely possible to hit the $95-$96 range, therefore be patient before you short.

If you enjoy my videos, feel free to like, subscribe, share, upvote, tip my dog’s cryptocurrency piggy bank.

https://steemit.com/bitcoin/@philakonecrypto/ltc-litecoin-november-27-technical-analysis-correction-target-usd78-28-short-opportunity

LTC SHORT FOR THE BRAVE
Risk to Reward Ratio 2.17:1
ENTRY PRICE = $92 TO $96
TARGET 1 = $78.28
TARGET 2 = $72.05
STOP LOSS = $100
PROBABILITY = 65%
CHAIN TO GAIN = 21%
CHANCE TO LOSE = 9.68%
TIME FRAME = 7-14 DAYS

Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don’t understand this, and expect only to having winning trades, will always lose money over time.

Twitter – https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1

Luna’s personal bitfinex account:

LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
ETH : 0x2538b728f9682fc1dc2e7db8129730f661753850
BCH: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD
BTC: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
EOS: 0x2538b728f9682fc1dc2e7db8129730f661753850
ETP: MTR3P7m5KwHfE1aY51ha2YAQWQhRMPm1VA
OMG Address: 0x2538b728f9682fc1dc2e7db8129730f661753850

The ultimate goal is to help the crypto community because I think there’s a lack of these type of videos. I want to share everything I’ve learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

I’m not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I’m simply stating my opinions and what I personally look for. Those that follow my trades blindly and don’t understand risk management, will always lose over time. I manage risk differently. Not all trades are winners. We manage our risk with stop losses and win over time. Even if we’ve entered at a similar price, I can micro manage my risk, by shedding, adding, reducing, etc, but those calls aren’t made. Therefore despite entering near the same price, I may come out well ahead while you may take a loss, even if we exit at the same price when the market goes against my call. Remember, I always profit OVER TIME, and am not focused on winning every single trade. As long as we win more than we lose over time. I want to be very clear so you understand the outcomes will always be different even if we take the same trade. I MANAGE RISK and see this game as a probability. Therefore, be forewarned.

LTC Litecoin November 27 Technical Analysis – Short Entry $92-$96 – Target $78.

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Kane Dane