LTC/USDT Long
— Oversold conditions, bullish convergence signal on higher timeframes
— Price is consolidating below resistance, compression under the level
— Altcoins are oversold, a corrective move to the upside is possible
Entry: $79.7 — market buy
Stop: $74.55 — 6.5% price movement from entry to stop (this is NOT the percentage loss)
Target: $96
Risk per trade: 0.5% of total deposit (this is the actual loss risk)
Position size: 7% of total deposit
Leverage: any (leverage is not used)
R/R: 1:3
— Oversold conditions, bullish convergence signal on higher timeframes
— Price is consolidating below resistance, compression under the level
— Altcoins are oversold, a corrective move to the upside is possible
Entry: $79.7 — market buy
Stop: $74.55 — 6.5% price movement from entry to stop (this is NOT the percentage loss)
Target: $96
Risk per trade: 0.5% of total deposit (this is the actual loss risk)
Position size: 7% of total deposit
Leverage: any (leverage is not used)
R/R: 1:3
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.