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RE: Litecoin LTC Feb 20 Technical Analysis Morning Update. Breakout Successful. Will we Hit Target?

in #bitcoin7 years ago

Hey thanks for your earlier video from a day or two ago (I forget), which indicated that a breakout over $236 had a high likelihood of continuing an upward move.

I was heading to bed last night, in a bunch of pain so I was using this "Light Relief" device my wife bought (it really works!) on different areas, mostly left hip and lower back, as the weather is changing here, rather inappropriately -- it's in the 70s in mid-February in MA! So I now understand the level of pain from last night.

But anyway, while doing that I was staring at charts on my phone, in bed. I saw it break through $236 and picked some up at $242, and put an order in for a dip to $239, which hit overnight.

Now I'm thinking risk management thoughts. I should set some stops. And probably some "take profits" as well (this particular set of trades is at NordFX, a leveraged site).

Appreciate your help!!