$LTC/BTC 12h (Binance Spot) Descending wedge on support
Litecoin is accumulating in satoshi and could bounce in the weeks to come!
Current Price= 0.003675
Buy Entry= 0.003679 - 0.003605
Take Profit= 0.004116 | 0.004533 | 0.005349
Stop Loss= 0.003345
Risk/Reward= 1:1.6 | 1:3 | 1:5.75
Expected Profit= +13.01% | +24.46% | +46.87%
Possible Loss= -8.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 0.003675
Buy Entry= 0.003679 - 0.003605
Take Profit= 0.004116 | 0.004533 | 0.005349
Stop Loss= 0.003345
Risk/Reward= 1:1.6 | 1:3 | 1:5.75
Expected Profit= +13.01% | +24.46% | +46.87%
Possible Loss= -8.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Handel aktiv:
All entries filled
Litecoin dipped a bit more than planned, but still looking good to me.
Litecoin dipped a bit more than planned, but still looking good to me.
Kommentera:
Finally moving up
Litecoin bounced at last, let's see if it can break above 50MA soon.
Litecoin bounced at last, let's see if it can break above 50MA soon.
Kommentera:
And got rejected again
Litecoin did not manage to break-out yet and that lead it to more local downtrend.
Now sitting wedge support, we decided to update SL a bit lower to avoid a long squeeze on a possible fake-out!
Stop Loss= 0.003262
Risk/Reward= 1:1.25 | 1:2.34 | 1:4.49
Possible Loss= -8.15%
Litecoin did not manage to break-out yet and that lead it to more local downtrend.
Now sitting wedge support, we decided to update SL a bit lower to avoid a long squeeze on a possible fake-out!
Stop Loss= 0.003262
Risk/Reward= 1:1.25 | 1:2.34 | 1:4.49
Possible Loss= -8.15%
Trade stängt: målet nått:
TP1 reached with +13.01% (1x) and +0.73R
Litecoin dipped further more, I had to updated SL lower to avoid Stop hunt.
Then it finally pumped to first target and seems to be up-trending at last!
Litecoin dipped further more, I had to updated SL lower to avoid Stop hunt.
Then it finally pumped to first target and seems to be up-trending at last!
Trade stängt: målet nått:
TP2 reached with +24.46% (1x) and +1.37R
Litecoin kept going up and broke bullish of the wedge, last target is likely to be hit.
Litecoin kept going up and broke bullish of the wedge, last target is likely to be hit.
Litecoin made an attempt to go up but was rejected and back to entry zone, I am manually adding here!