$LTC/USDT 3h (Binance Futures) Descending channel on support
Updated
Litecoin seems to have ended the retracement down and looks ready for next move up.
Current Price= 70.30
Buy Entry= 70.70 - 69.30
Take Profit= 73.52 | 77.91 | 79.95
Stop Loss= 66.46
Risk/Reward= 1:1 | 1:2.25 | 1:2.81
Expected Profit= +10.12% | +22.76% | +28.42%
Possible Loss= -10.12%
Fib. Retracement= 0.236 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 180h
Current Price= 70.30
Buy Entry= 70.70 - 69.30
Take Profit= 73.52 | 77.91 | 79.95
Stop Loss= 66.46
Risk/Reward= 1:1 | 1:2.25 | 1:2.81
Expected Profit= +10.12% | +22.76% | +28.42%
Possible Loss= -10.12%
Fib. Retracement= 0.236 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 180h
Trade closed: target reached
TP1 reached with +10.12% (2x)Litecoin reacting as planned two days ago, that's very nice.
Took some profit here and hold remaining position for higher target!
Trade closed: target reached
TP3 reached with +28.42% (2x)Litecoin made it to all targets again (long this time) and even more, very nice profit!
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