Litecoin
Long
Updated

LTC/USD Descending Triangle (Buyside)

514
LTC/USD is in a descending triangle, breakout can be either ways but with small SL; buyside is better deal Risk:Reward wise.

Mental SL: 190$
TP: 560$

Risk:Reward ~ 1:30

Trade active
Waiting for entry 200-220$ area, ideally neckline / reversal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.