Litecoin (LTC) formed big Cypher for upto 212% bullish move
Aggiornato
Hi dear patrons, hope you are well and welcome to the new update on Litecoin (LTC).
On the 2-week time frame chart, the price action has formed a big Cypher pattern. There is also 25 and 50 simple moving averages supports in the buying zone.
Buy and sell targets:
Buy between: $144.48 to $91.49
Sell between: $186.18 to $286.33
Stop loss:
The maximum extent of the potential reversal zone $91.49 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 212%, and the loss possibility is 37%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the 2-week time frame chart, the price action has formed a big Cypher pattern. There is also 25 and 50 simple moving averages supports in the buying zone.
Buy and sell targets:
Buy between: $144.48 to $91.49
Sell between: $186.18 to $286.33
Stop loss:
The maximum extent of the potential reversal zone $91.49 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 212%, and the loss possibility is 37%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.