Why did we open a long position in LTC?
From the market perspective, LTC has shown relatively strong movement recently.
It is expected that there is capital anticipating the approval of an ETF.
Secondly, from the 4-hour chart, the descending wedge has been broken.
What we are doing is a right-side breakout trade.
Additionally, if it pulls back to the trend line, we can enter to add to our position.
