Litecoin LTC long medium-term trade #21

P_S_trade Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
Taking into account the fact that in the medium term we are more inclined to believe that the crypto market will grow, we continue to publish medium-term trades.
In order to continue the growth of the crypto market, we would not like to see a correction of the BTCUSDT price below $26950-27000 in the coming days:

In previous years, the LTC price was one of the first to start an upward trend and correction. This year, the "scheme" failed, the LTCUSDT price was one of the first to start correcting in July, but it still can't start growing, although the BTC price has been growing slowly for 2 months...
We will try "to push" the Litecoin price up a bit :) by entering a medium-term trade on the following conditions:

  • Entry: in the range of $60.21-62.51 (the desired average price is $61.36)
  • Stop: $55.99 (-8.75%)
  • Take profit: $83.80 (+36.57%)
  • P/L ratio: 4.2/1

We allocate $10,000 for LTCUSD trade,
In the event of a mistake, we will lose $875
If the trade will be a success, we will receive a profit of $3650
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