$LTC/USDT 1D (#Bybit) Rising wedge breakdown and retest

Litecoin just pulled back to 50MA resistance where we expect some deviation then another retracement down.

⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%

Current Price:
91.35

Entry Zone:
91.05 - 96.89

Take-Profit Targets:
1) 78.86
2) 67.48
3) 56.11

Stop Targets:
1) 106.61

Published By: @TradingOn

LTC #LTCUSDT #Litecoin #PoW #MW

Trade chiuso: obiettivo raggiunto:

🎯TP1 was reached with +48.2% (3x) and +1.2R

LTC got sold off after almost stopping us out and went down to our 1st target, before bouncing back.
Now 50MA is regained it seems likely to continue up, time to adjust SL above entry to secure the remaining position.