$LTC/USDT 4h (#BinanceFutures)Symmetrical triangle on resistance

Litecoin is entering supply zone where a bearish rejection would make sense.

Current Price= 124.82
Sell Entry= 124.63 - 128.67
Take Profit= 115.26 | 107.63 | 100.01
Stop Loss= 136.18

Risk/Reward= 1:1.2 | 1:2 | 1:2.8
Expected Profit= +17.98% | +30.04% | +42.06%
Possible Loss= -16.02%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 3-4 weeks

Tags: #LTC #LTCUSDT #Blockchain #Dino #PoW #Mining #BSC #BC #MW

Websites: litecoin.org litecoin-foundation.org


Contracts:
#Mainnet
#BEP20 0x4338665cbb7b2485a8855a139b75d5e34ab0db94
#BEP2 LTC-F07
#HECO 0xecb56cf772b5c9a6907fb7d32387da2fcbfb63b4

Handel aktiv:

2/3 entries filled

Litecoin got rejected on the upper-line as expected, so far so good.

Handel aktiv:

Last entry filled

Litecoin seems to have broken-out bullish, let's stick to the plan anyway.

Trade stängt: målet nått:

TP1 reached with +17.98% (2x) and +1.2R

Litecoin finally retraced down after almost stopping us out, we did well holding tight!
RSI is entering oversold territory now, SL adjusted to highest entry (128.67) to reduce the risk.

Trade stängt: målet nått:

TP3 reached with +42.06% (2x) and +2.8R

Litecoin went for final target after the bearish retest of the triangle / 100EMA, trade is fully closed now!