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SadeQ_Qiassi
Feb 18, 2021 10:37 PM

LITUSDT/1H Long

LIT / TetherUSBinance

Description

I PREFER TO SEE PULL BACK AFTER BREAKOUT FROM DOWN TREND FOR LONG ENTRY.
HERE WE GO!

Trade closed manually

I SAID THAT I PREFER TO SEE PULLBACK AFTER BREAKOUT FROM DOWN TREND FOR LONG ENTRY AND WE DO NOT SEE IT SO WE DON'T LET TO OPEN BUY POSITION.
FOLLOW TIPS AND OPEN LONG ENTRY IF POSSIBLE.
I WILL UPDATE THIS CHART SOON
Comments
JoonYang
Thanks for the analysis. but its now below the trend line. will this change your target? also, do you see it pulling back further?
SadeQ_Qiassi
@JoonYang long entry possible when we see breakout and then pullback.If price won't be able to break down trend line we must follow chart and waiting for good entry.
SadeQ_Qiassi
@JoonYang right now we see ABC wave.I think down trend going to be break due to we can see huge volume at support line
borda2012
I need TP. do you have any TP?
SadeQ_Qiassi
@borda2012 ya can see tp zones on chart.
mayorerico56
@SadeQ_Qiassi, how long should we be expecting to hold ?
SadeQ_Qiassi
@mayorerico56 after we will see a breakout plus pullback ( bullish candle help you to find it) we'll expect that price will kiss its up trend and you must hold your position till it reach.
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