$LTC/USDT 3h (Binance Futures) Ascending triangle on support
Litecoin is uptrending and we'd rather get in before that breaks out!
Current Price= 185.57
Buy Entry= 183.03 - 177.97
Take Profit= 204.69 | 220.9 | 244.5
Stop Loss= 166.69
Risk/Reward= 1:1.75 | 1:2.93 | 1:4.63
Expected Profit= +26.80% | +44.76% | +70.92%
Possible Loss= -15.30%
Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 2x
Estimated Gain-time= 240h
Current Price= 185.57
Buy Entry= 183.03 - 177.97
Take Profit= 204.69 | 220.9 | 244.5
Stop Loss= 166.69
Risk/Reward= 1:1.75 | 1:2.93 | 1:4.63
Expected Profit= +26.80% | +44.76% | +70.92%
Possible Loss= -15.30%
Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 2x
Estimated Gain-time= 240h
Trade closed: target reached
TP1 hit with +26.80% (2x) and 1.75RAfter going for all targets without giving us entry, Litecoin pulled back to the buy zone and almost instantly bounced to first target.
Then PC bot sold remaining position at 2nd entry during the morning sell-off!
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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.