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$LTC/BTC 2h (Binance Spot) Falling wedge breakout
Litecoin / Bitcoin
Long
$LTC/BTC 2h (Binance Spot) Falling wedge breakout
By TradingOn
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Updated
Jan 18, 2021
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Jan 16, 2021
Litecoin is looking bullish again since it broke-out upwards, let's try to catch the pull-back.
Current Price= 0.004010
Buy Entry= 0.003942 - 0.003836
Take Profit= 0.004198 | 0.004573 | 0.004860
Stop Loss= 0.003580
Risk/Reward= 1:1 | 1:2.21 | 1:3.14
Expected Profit= +7.95% | +17.59% | +24.97%
Possible Loss= -7.95%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Jan 18, 2021
Trade active
All entries filled
Litecoin dipped as expected and bounced perfectly so far.
First target was missed by 0.00006₿ but it's just a matter of time we will go higher!
binance
bullishbreakout
Litecoin (Cryptocurrency)
LTC
LTCBTC
spot
Support and Resistance
Volume
Wedge
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