๐ข LTC/USDT โ FUTURE SWING TRADE SIGNAL (4H TIMEFRAME)
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.0%
๐ Breakout from Descending Channel + Bullish Rejection on Demand Zone
๐ENTRY ZONE:
๐ฅ 84.50 โ 85.00 USDT (confirmed breakout + retest of demand zone and MA crossover)
๐ฏ TARGETS (Take Profit):
โ TP1: 89.25
โ TP2: 94.68
โ TP3: 101.56
๐ STOP LOSS:
โ 80.27 USDT (below demand zone and invalidation level)
๐ TECHNICAL INSIGHT:
LTC just broke out of a medium-term descending channel that has been in play since early May. This breakout is supported by a strong bullish rejection from a key demand zone, along with a bullish stochastic crossover, indicating strong upside momentum. If momentum sustains, a bullish swing toward the higher resistance levels is highly probable.
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.0%
๐ Breakout from Descending Channel + Bullish Rejection on Demand Zone
๐ENTRY ZONE:
๐ฅ 84.50 โ 85.00 USDT (confirmed breakout + retest of demand zone and MA crossover)
๐ฏ TARGETS (Take Profit):
โ TP1: 89.25
โ TP2: 94.68
โ TP3: 101.56
๐ STOP LOSS:
โ 80.27 USDT (below demand zone and invalidation level)
๐ TECHNICAL INSIGHT:
LTC just broke out of a medium-term descending channel that has been in play since early May. This breakout is supported by a strong bullish rejection from a key demand zone, along with a bullish stochastic crossover, indicating strong upside momentum. If momentum sustains, a bullish swing toward the higher resistance levels is highly probable.
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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.