$LTC/USDT 2D (#BinanceFutures)Descending trendline on resistance

10 gen 2023

Litecoin is approaching overbought territory and seems likely to be rejected on 200MA.

⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.1%

Current Price:
81.93

Entry Targets:
1) 83.61

Take-Profit Targets:
1) 65.01

Stop Targets:
1) 96.04

Published By: @Zblaba

Risk/Reward= 1:1.5
Expected Profit= +44.49%
Possible Loss= -29.73%

11 gen 2023

Trade attivo

Great entry caught for Litecoin on 200MA resistance so far, let's see how that goes.

3 feb 2023

Trade chiuso: stop raggiunto

SL hit with -1.0R

Litecoin did not go as planned and instead of a rejection, we got a bullish continuation after breaking out of that ascending triangle.
RSI looks quite overbought again though, so we'll wait for a pull-back before trying a long, maybe something like that: