The last trading week of 2024 once again demonstrates the Trading Bot’s ability to accurately identify market movements and profitable trades. Let’s take a look at the exciting developments of the week from 23 to 29 December.
Christmas trading: Litecoin Exceeds All Expectations
This week’s Litecoin (LTC) trade deserves a special mention as it brought some extra joy just in time for Christmas. The trade, which was entered on the 20th of December at $89 (first yellow line), performed magnificently, hitting the take profit target (second yellow line) in just five days, on Christmas Day. With a sell price of $108, the trade made an impressive profit of +21%!
Unfortunately, last week’s LTC trade was the third trade in a row, which meant that I only had about $80 left in my account. Therefore the trading bot was only able to buy 0.9 LTC. This meant that the profit with the 21% achieved was only $17.10 😅
Strategic Hold on SHIBA INU and IOTA
While Litecoin has already been sold, positions in SHIBA INU and IOTA remain. Although both coins have also breached the 20% mark, the bot’s adaptive strategy is evident here: in a clear bull market like this, the take profit targets can be dynamically adjusted by the user. The fundamentals and technical indicators suggest that there is much more upside to come.
Review of last week
Last week’s brilliant ADA (Cardano) trade, which generated a profit of 18% in a single day, remains remarkable. Combined with the current Litecoin success, this shows a clear pattern: the bot accurately identifies the optimal entry and exit points.
Previous trading history of the crypto bot
Outlook and Strategy
No new positions were opened last week. This underlines the selective and precise way in which the trading bot works. It waits patiently for the perfect entry signals rather than rushing into the market.
The current market situation confirms the implemented strategy: the bot stays invested longer in promising positions if the overall trend justifies it. This flexible adjustment of take profit targets makes it possible to maximise the potential of the current bull market.
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