$LIT/USDT 12h (Binance Futures)Falling broadening wedge breakout

Jul 19, 2021

Litentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest.

Current Price= 2.819
Buy Entry = 2.684 - 2.416
Take Profit= 3.611 | 4.384 | 5.323
Stop Loss= 1.841

Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91
Expected Profit= +41.61% | +71.92% | +108.75%
Possible Loss= -27.80%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months

Jul 21, 2021

Trade active

All entries filled

Litentry dipped a bit more than expected, still looking good for a bounce, needs to regain 50MA first though. 🤞🏼

Jul 26, 2021

Trade closed: target reached

TP1 reached with +41.61% (1x) and +1.5R

Litentry regained 50MA and respected the plan perfectly, road to 2nd target now.
Enjoy that free call and don't forget to take some partial profit, SL moved to 2nd entry (2.416$).

Aug 10, 2021

Trade closed: target reached

TP2 reached with +71.92% (1x) and +2.59R

Litentry kept pushing up and regained 200MA, time for a pull-back before continuing bullish.

Aug 26, 2021

Trade closed: target reached

TP3 reached with +108.75% (1x) and +3.91R

Litentry killed it, all targets achieved realizing insane gain, up to +134.82% from that "lit entry"! 😜