Cryptorphic

LTCM20 LONG Setup Perfect Entry: FOR 1:6 RR

Long
Cryptorphic Updated   
BITMEX:LTCM20   None
Hello everyone welcome to this update.
I'll keep it short.

LTC Just broke out of the falling wedge channel which is bullish in nature We are witnessing a perfect retracement on the resistance turned Support trendline.
We can take a safe trade here.

#LONG ENTRY:

0.005905 TO 0.005915

TARGET:


1. 0.006054
2. 0.006120
3. 0.006206
4. 0.006285

STOP LOSS: 0.005840

Risk: Reward ==> 1:6 (Highly profitable)
Period of trade: 2 to 7 days
Portfolio Allocation: 2 to 5%

A perfect trade IMO.
Please hit that like button if you agree with this setup.
All the best.

#Peace
Trade closed: stop reached:
Oh Crap SL reached. This was a good trade.

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