Litecoin : Long Setup
Updated
When we look at Litecoin with its counterparts, we see that it has suffered a lot from this process :
The buy signal is also received weekly:
It should be noted that cryptocurrencies are very volatile, if necessary stop-loss should be stretched.
This trade involves less risk in the following parameters :
NOTE :
It is very important that we take small positions here, let's not get too scared, and when we come to a very low levels, our reward rate will increase much more.
As long as we don't get a significant wound , so i suggested to join this trade with small position size or small portfolio percent.
Regards.
The buy signal is also received weekly:
It should be noted that cryptocurrencies are very volatile, if necessary stop-loss should be stretched.
This trade involves less risk in the following parameters :
- Risk/Reward Ratio : 1 / 2.34
- Position Size = %1 or small part (%10 - 15) of cryptocurrency portfolio
- Stop-Loss : 39.953
- Goal : 60.134
NOTE :
It is very important that we take small positions here, let's not get too scared, and when we come to a very low levels, our reward rate will increase much more.
As long as we don't get a significant wound , so i suggested to join this trade with small position size or small portfolio percent.
Regards.
Trade closed: target reached
Target Reached with Profit per Unit : % 30.65
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