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LTCUSD H8: Best Level to BUY 20%+ gains (SL/TP)(BOUNCE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term BOUNCE
before reversal (BEARS)
🔸 Summary and potential trade setup
::: LTCUSD H8 chart overview and outlook
::: chart looks good expect wave4 BOUNCE
::: corrective move in 5 waves BEARS sequence
::: BEST RELOAD bulls: 90/92 USD
::: for bulls. look to buy into mild pullback
::: chart looks good strong overall though
::: strong pattern likely setting up for BOUNCE
::: 20%/25% upside remains for BOUNCE PLAY
::: TP bulls is +20/25% gains
::: recommended strategy: BUY LOW 90-92 USD
::: SL fixed below 88 USD
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BULLS/BOUNCE PLAY
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.