$LTC/USDT 2h (Binance Futures) Trendline breakout and retest
Litecoin looks ready for a leg up after that clear pull-back retest!
Current Price= 173.15
Buy Entry= 173.32 - 170.48
Take Profit= 183.91 | 205.99 | 223.23
Stop Loss= 162.26
Risk/Reward= 1:1.25 | 1:3.54 | 1:5.32
Expected Profit= +20.97% | +59.49% | +89.58%
Possible Loss= -16.83%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 1 week
Current Price= 173.15
Buy Entry= 173.32 - 170.48
Take Profit= 183.91 | 205.99 | 223.23
Stop Loss= 162.26
Risk/Reward= 1:1.25 | 1:3.54 | 1:5.32
Expected Profit= +20.97% | +59.49% | +89.58%
Possible Loss= -16.83%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 1 week
Trade closed: target reached:
TP1 reached with +20.97% and 3.54R
Litecoin made it to first target almost instantly, now consolidating before next move (up hopefully)!
Litecoin made it to first target almost instantly, now consolidating before next move (up hopefully)!
Trade closed: target reached:
TP2 reached with +59.49% (3x) and +3.54R
After going back to entry zone, Litecoin went for second target, time to take some decent profit and move SL at 1st entry.
After going back to entry zone, Litecoin went for second target, time to take some decent profit and move SL at 1st entry.
Trade closed: target reached:
TP3 hit with +89.58% (3x) and +5.32R
That's a wrap for Litecoin, all targets reached with great profit, enjoy! 🎯
That's a wrap for Litecoin, all targets reached with great profit, enjoy! 🎯
