$LTC/USDT 3D (#Bybit) Descending trendline breakout & retest

Litecoin regained 200MA Daily support and seems ready to head back up towards 100EMA.

⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Amount: 9.1%

Current Price:
62.63

Entry Zone:
61.18 - 54.30

Take-Profit Targets:
1) 72.98
2) 84.46
3) 95.93

Stop Targets:
1) 44.99

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +26.39% | +46.28% | +66.14%%
Possible Loss= -22.08%

Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1.7x
Estimated Gain-time= 3-5 months

#LTCUSDT #PoW #MimbleWimble #Blockchain #Dino #Mining

Websites: litecoin.org litecoin-foundation.org

Comment:

Margin Leverage= 1x

Trade active:

1st entry filled

Litecoin bounced nicely on demand zone so far, still a long way to go!

#LTC #LTCUSDT #PoW #MW

Trade closed: target reached:

🎯TP1 with +26.39% (1x) and +1.2R

Litecoin pumped straight towards 100EMA as planned and even hit TP2 on Binance Futures.
Won't be easy to keep going up without a retracement, SL adjusted below entry now.

#LTC #LTCUSDT #PoW #MW

Trade closed: target reached:

🎯 TP2 with +44.08% (1x) and +2.1R

Litecoin finally managed to cross above the resistance and hit 2nd target.
Since only 1 entry was filled, trade was fully closef by the bot, but last target remains valid.
If you are still in, don't forget to TP some more and adjust SL at BE or above (i.e. 61.18)

#LTC #LTCUSDT #PoW #MW

Trade closed: target reached:

🎯TP3 with +3.0R

Litecoin on the other hand favored us on that push up, finally hitting last target.
Lose some, win some, as long as risk is properly managed this is what trading is about!