$LTC/USD 3D (Binance Coin-Futures) Ascending channel on support
Litecoin broke-out bullish a few weeks ago and has now pulled back towards 100EMA where big demand zone stands, let's swing!
Risk/Reward= 1:2.5 | 1:4.6 | 1:8.24
Expected Profit= +50.72% | +93.57% | +167.57%
Possible Loss= -20.33%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 months
litecoin.org/
Current Price:
195.08
Entry Zone:
191.92 - 171.62
Take-Profit Targets:
1) 273.97
2) 351.86
3) 486.37
Stop Targets:
1) 144.82
Risk/Reward= 1:2.5 | 1:4.6 | 1:8.24
Expected Profit= +50.72% | +93.57% | +167.57%
Possible Loss= -20.33%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 months
litecoin.org/
Current Price:
195.08
Entry Zone:
191.92 - 171.62
Take-Profit Targets:
1) 273.97
2) 351.86
3) 486.37
Stop Targets:
1) 144.82
Trade closed: stop reached:
SL hit with -20.33% (1x) and -1R
After bouncing on support, Litecoin lost it and just made a Lower Low, bullish scenario seems invalidated for now.
After bouncing on support, Litecoin lost it and just made a Lower Low, bullish scenario seems invalidated for now.
