$LTC/USD 12h (Binance Coin-Futures)Ascending trendline breakdown
Updated
Litecoin broke-down bearish locally and is likely to go for a LL (Lower Low) before resuming bullish.
RR= 1:3
P= +65.56%
L= -21.88%
Entry Targets:
1) 141.73
Take-Profit Targets:
1) 112.02
2) 95.27
Stop Targets:
1) 157.24
RR= 1:3
P= +65.56%
L= -21.88%
Entry Targets:
1) 141.73
Take-Profit Targets:
1) 112.02
2) 95.27
Stop Targets:
1) 157.24
Trade closed: target reached
TP1 reached with +41.92% (2x) and +1.92RLitecoin has dipped very nicely, let's secure the trade taking some profit here!
Trade closed: stop reached
Remaining position hit SL with -21.88% (2x) and -1RLitecoin produced up to +54.88% (2x) profit then reversed and broke-out bullish.
Recently rejected on 200MA (purple) resistance, revisiting entry around 50MA (grey) is in play!
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