My best trade of the week was on Litecoin (LTC). The price had been consolidating for several days, and I identified a potential triangle breakout setup. I entered the trade once the price broke above the upper trendline of the triangle. The price moved swiftly, and I took profits at a key resistance level. This trade demonstrated how consolidation patterns like triangles can lead to strong breakouts, and timing the breakout correctly can result in profitable trades.
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