Many are still doubting whether the rebound is real, but $LTC has already answered with its price.



I didn't start paying attention to LTC after the pump; during the earlier consolidation, I noticed that sell pressure couldn't push it down, key levels kept rising, and the structure clearly changed. I entered a long at 42.75; at that time, I wasn't watching a single candle, but the support after a retracement. Now it's at 43.91, +194.33% in hand, and the trend extension is obvious.

The most painful part of this move was the few false weakness before the breakout; many panicked when they saw the pullback, and just as they were shaken out, the price turned around and pushed up. Trading sometimes comes down to patience; if the signal hasn't turned bad, don't get led away by noise.

Currently, I'll handle it with a 70/30 split: the first 70% will take partial profits to lock in gains, and the remaining 30% will have a protective stop to give the trend some room. Profits have already been realized, no need to get overly greedy. If you haven't entered yet, don't chase; chasing can easily leave you in a passive position. Wait for the next opportunity, wait for a more comfortable entry to appear.

$BTC $ETH
LTC-2.13%
BTC0.38%
ETH0.09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned