#LTCUSDT #4h (ByBit) Broadening wedge breakout & retest

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

#4h #Litecoin #PoW litecoin.org

Risk/Reward= 1:2.0
Expected Profit= +83.4%
Possible Loss= -41.8%
Estimated Gaintime= 5-10 days

Trade active

All entry targets achieved
Average Entry Price: 71.83 💵

retested the wedge and is bouncing back on 50MA support so far.

Trade closed: stop reached

ByBit USDT
Stop Target Hit ⛔️
Loss: 41.807% 📉

lost support back then, ending with a pretty ugly sell-off, at least we got stopped out on time.

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