$LTC/USDT 1h (Binance Futures) Descending triangle breakdown
Aggiornato
Litecoin broke-down the triangle and is about to retest it now.
I believe Trend-Line resistance will reject the price and we'll see further retracement down.
Current Price= 76.32
Buy Entry= 76.25 - 77.55
Take Profit= 74.43 | 73.12 | 70.93
Stop Loss= 79.37
Risk/Reward= 1:1 | 1:1.53 | 1:2.42
Expected Profit= +9.63% | +14.76% | +23.28%
Possible Loss= -9.63%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 72h
I believe Trend-Line resistance will reject the price and we'll see further retracement down.
Current Price= 76.32
Buy Entry= 76.25 - 77.55
Take Profit= 74.43 | 73.12 | 70.93
Stop Loss= 79.37
Risk/Reward= 1:1 | 1:1.53 | 1:2.42
Expected Profit= +9.63% | +14.76% | +23.28%
Possible Loss= -9.63%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 72h
Trade attivo
All entries filledSo far Litecoin is going as planned, let's hope it keeps going our way!
Trade chiuso: obiettivo raggiunto
TP1 reached with +9.63% (3x)Trade chiuso: obiettivo raggiunto
TP2 reached with +14.76% (3x)Litecoin made it to second target, unfortunately PC bot was too slow and did not notify nor take profit...
There is still a chance to go down there again but if we break the blue TL this will turn back bullish.
Trade chiuso: obiettivo raggiunto
TP3 was reached with +23.28% (3x)Litecoin went for all short targets then reversed exactly as I drew it 5 days ago in yellow!
In fact you probably saw I longed that move up in Premium as well, maybe you'll join us not to miss entry next time 😉
Nota
There goes the long call:
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