Hi dear patrons, hope you are well and welcome to the new trade setup of Litecoin (LTC).
Our last major successful trade of LTC was :
Now on a monthly time frame chart, LTC has formed a huge bullish Gartley pattern.
Buy between: $107.4 to $24
Sell between: $224.3 to $348
Stop loss: Below $24
Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 1350%, and a loss possibility upto 62% as per the current price. It is a big opportunity but in order to reduce the loss ratio we can wait for Bitcoin to break out the wedge on the weekly time frame, and I will keep posting updates for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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