LTC looks weak off the VWAP off swings highs, short is probable

Looking for downside intraday with leverage with a LTC short. LTC could not hold the upside push as the VWAP from highs has kept a lid on it.... a break under the horizontal vwap should trigger a flush down to roughly the 90.10 area.

Operación activa:

annnnnnnd we're off.... barely missed the second entry by a penny or two off this first break.

Operación activa:

full trade should yield +3R, first target 90.95

Operación activa:

Shorted moar way down here low, 91.846... looks like we are starting to flush...

Operación activa:

would really like to see ETH and/or BTC break their latest swing high(s) and LTC not break its; for some validating divergence.

Operación activa:

There we go, ETH and BTC both squeezed and BTC blew out the top of the swing high... and have actually setup short on both.

Operación activa:

sold the final allocation on the highs of that push... now we need lower from here almost immediately or it's bail time.

Comentarios:

final sells on the chart.

Operación activa:

If we aren't under 92.17 in the next 20 minutes I'm going to be looking to cover. This low volume nothing is really really bad for a short side position.

Operación activa:

not looking good for the home team kids... this has taken way too long to develop in this low volume garbage trade time. The two hour is starting to turn up so I'm looking for flat or better on any downside we get.

Operación activa:

ETH is pushing out over vwap from highs... that is NOT good. May have to take a full stop

Operación activa:

This ticks highs and I'm taking a stop. Not good at all.

Operación cerrada: precio stop alcanzado:

OUT... suuuuux... -1.3R which kills the day to slight net negative at -0.4R bummer, but really good to see this time frame is terrible. Have to stay away from it. This setup was an almost 90% winner... and lost. bleh...

Comentarios:

That tick out (where I blew out) looking really good as the puke short... as I was the puker on that one! lmao Looks to be setting up here for the break down again... but I'm letting it go. My win % for LTC is bad; I'm going to observe it for a while.