LTCBTC Long 25% - Double Bottom Setup
Aggiornato
LTCBTC appears to be in the process of forming an Adam and Eve double bottom presenting a possibility for two swing trades . Learn more about the pattern here: thepatternsite.com/aedb.html
Aggressive risk takers can look for the good buying opportunities to open long positions now as the even portion of the bottom forms. The the first target price for aggressive traders us a retest the just short of the .005 resistance for an 11.18% gain, which upon a breakout can be held to the second target price of 0.005539 for a 25.18% gain.
More conservative traders can following the trading advice on pattern site link and open a long upon confirmation of breakout above the .005 resistance and look to exit the position near the second target price of 0.005539.
tradingview.com/chart/hM3tBkIT/
Aggressive risk takers can look for the good buying opportunities to open long positions now as the even portion of the bottom forms. The the first target price for aggressive traders us a retest the just short of the .005 resistance for an 11.18% gain, which upon a breakout can be held to the second target price of 0.005539 for a 25.18% gain.
More conservative traders can following the trading advice on pattern site link and open a long upon confirmation of breakout above the .005 resistance and look to exit the position near the second target price of 0.005539.
tradingview.com/chart/hM3tBkIT/
Nota
Up 7.15% from the bottom so far. Eve should continue to and move toward the peak between the two valleys just short of .005. Nota
Retrace back to the the first level of fib resistance at 786. Nota
Up over 10% off the bottom so far. Nota
10.26%Nota
.005 resistance being tested now.Nota
Another push up. .005250, getting closer to 20% gain. Good place to start taking profits.Nota
Hit .005438 overnight (22.98% gain) and just shy of the final .005539 before Crypto in general saw heavy profit taking as BTC breached 12,000.Trade chiuso: obiettivo raggiunto
Target price 0.005539 reached for a 25% gain followed by a strong rejection just short of the 200 day ma.
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