When we look at Litecoin with its counterparts, we see that it has suffered a lot from this process :
The buy signal is also received weekly:
It should be noted that cryptocurrencies are very volatile, if necessary stop-loss should be stretched. This trade involves less risk in the following parameters :
Risk/Reward Ratio : 1 / 2.34
Position Size = %1 or small part (%10 - 15) of cryptocurrency portfolio
Stop-Loss : 39.953
Goal : 60.134
NOTE : It is very important that we take small positions here, let's not get too scared, and when we come to a very low levels, our reward rate will increase much more. As long as we don't get a significant wound , so i suggested to join this trade with small position size or small portfolio percent. Regards.