Litecoin, Buy idea near Support/Resistance Zone

COINBASE:LTCUSD   Litecoin / U.S. Dollar
The price bounced twice from marked Support/Resistance Zone.
We can looking for Buy entry if the price will make a fake breakout of 65.42.
Potential profit will be in 3...5 times bigger than risk.
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Yuriy_Bishko Make_Money_Guru_Bitcoin
@Make_Money_Guru_Bitcoin, thanks for support
Yuriy_Bishko amazingtopman10
I agree with you that LTCUSD has important level around $66.
I also agree that we can expect bounce from $66.
But I would also like to disscus with you about another scenari.
"What to do if B Line at $66 is broken".
This is my Litecoin Cypher Scenario.
+1 Reply
Yuriy_Bishko CryptoTrend-Alerts
@CryptoTrend-Alerts, ok. What is the reason to think it broken?
Yuriy, Thank you for your time.
I don't see the future, and I don't know if it will be broken, or not, but we all know that there is nothing 100% sure in trading.
I just say that people should think about strategies BEFORE entering into a position, and I show this Cypher pattern, which is a theoretical possibility.
We have seen something like this in some other Crypto , .like TRX.
Yuriy_Bishko CryptoTrend-Alerts
@CryptoTrend-Alerts, Agree with you! I can't see the future too)) We trade possibilities. Such predictions with strong Mirror Levels just give us a more persents for successfull trades. And using predictable money management we can be in profit in the end of month.
Yuriy_Bishko CryptoTrend-Alerts
@CryptoTrend-Alerts, thanks for shearing your thoughts
@Yuriy_Bishko, Thanks a lot for your comment ! ;)
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