breakoutfakeout

Buy litecoin ahead of bull cross, a x10 that everyone craves for

Long
COINBASE:LTCUSD   Litecoin
As shown in chart.

A bull cross is where the 100 period moving average crosses to 200 period and it is a sign of extreme bullishness.

Once the bull cross comes on the daily chart in litecoin this one will reach quickly for its all time highs. Expect to at least double here, which if you are using a margin acc will mean phenomenal profits, not bad on spot either.

Market cap is extremely low here around $6-7 billion at time of print, personally I expect this to go x10.

Lots of momentum for this one through various events in 2022 and 2023, now's the time to get in and hold.

Buy and hold.
Trade active:
Trade is moving nicely as planned. Took 30% profit on rip to $300 dollars approx.

Re-loaded on fakeout signal of head and shoulders

Trade closed manually:
This one was closed out 12 months ago when in profit. Might look again when the bull market restarts in crypto

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




Telegram coming soon.
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