$LTC/USD 12h (Binance Coin-Futures)Ascending trendline breakdown

Litecoin broke-down bearish locally and is likely to go for a LL (Lower Low) before resuming bullish.

RR= 1:3
P= +65.56%
L= -21.88%

Entry Targets:
1) 141.73

Take-Profit Targets:
1) 112.02
2) 95.27

Stop Targets:
1) 157.24

Trade stängt: målet nått:

TP1 reached with +41.92% (2x) and +1.92R

Litecoin has dipped very nicely, let's secure the trade taking some profit here!

Trade stängt: Stopp nått:

Remaining position hit SL with -21.88% (2x) and -1R

Litecoin produced up to +54.88% (2x) profit then reversed and broke-out bullish.
Recently rejected on 200MA (purple) resistance, revisiting entry around 50MA (grey) is in play!