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#LTCUSDT #4h (ByBit) Broadening wedge breakout & retest
LTCUSDT Perpetual Contract
Long
#LTCUSDT #4h (ByBit) Broadening wedge breakout & retest
By TradingOn
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Updated
Sep 19
6
Jul 30
Litecoin pulled back to 50MA support where a bounce seems likely, eventually leading to a bullish continuation.
⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (7.0X)
Amount: 4.8%
Current Price:
72.06
Entry Targets:
1) 71.83
Take-Profit Targets:
1) 80.39
Stop Targets:
1) 67.54
Published By: @Zblaba
LTC
LTCUSDT.P
#4h #Litecoin #PoW litecoin.org
Risk/Reward= 1:2.0
Expected Profit= +83.4%
Possible Loss= -41.8%
Estimated Gaintime= 5-10 days
Jul 31
Trade active
LTCUSDT.P
All entry targets achieved
Average Entry Price: 71.83 💵
LTC
retested the wedge and is bouncing back on 50MA support so far.
Sep 19
Trade closed: stop reached
ByBit USDT
LTCUSDT.P
Stop Target Hit ⛔️
Loss: 41.807% 📉
LTC
lost support back then, ending with a pretty ugly sell-off, at least we got stopped out on time.
crypto
fibretracement
Litecoin (Cryptocurrency)
LTC
LTCUSDT
mimblewimble
mining
Moving Averages
POW
proofofwork
Support and Resistance
Wedge
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