Hey Traders,
I am very stoked about Litecoin as in technical terms it has a strong bullish divergence, fading weekly AND daily MACD, tightening Bollinger band (hint of volume incoming) and combined with a falling wedge. This could be a potentially great trade of 35%, with 3 to 1 leverage we can set stop losses below the swing low of the descending support and take profits at $139 giving us +100% gains. Litecoin has been lacking these past weeks so this would make sense.
-Safe Trading
-Pulkanator
I am very stoked about Litecoin as in technical terms it has a strong bullish divergence, fading weekly AND daily MACD, tightening Bollinger band (hint of volume incoming) and combined with a falling wedge. This could be a potentially great trade of 35%, with 3 to 1 leverage we can set stop losses below the swing low of the descending support and take profits at $139 giving us +100% gains. Litecoin has been lacking these past weeks so this would make sense.
-Safe Trading
-Pulkanator
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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.
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.