$LTC/USDT 2h (Binance Futures) Trendline breakout and retest
Updated
Litecoin looks ready for a leg up after that clear pull-back retest!
Current Price= 173.15
Buy Entry= 173.32 - 170.48
Take Profit= 183.91 | 205.99 | 223.23
Stop Loss= 162.26
Risk/Reward= 1:1.25 | 1:3.54 | 1:5.32
Expected Profit= +20.97% | +59.49% | +89.58%
Possible Loss= -16.83%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 1 week
Current Price= 173.15
Buy Entry= 173.32 - 170.48
Take Profit= 183.91 | 205.99 | 223.23
Stop Loss= 162.26
Risk/Reward= 1:1.25 | 1:3.54 | 1:5.32
Expected Profit= +20.97% | +59.49% | +89.58%
Possible Loss= -16.83%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 1 week
Trade closed: target reached
TP1 reached with +20.97% and 3.54RLitecoin made it to first target almost instantly, now consolidating before next move (up hopefully)!
Trade closed: target reached
TP2 reached with +59.49% (3x) and +3.54RAfter going back to entry zone, Litecoin went for second target, time to take some decent profit and move SL at 1st entry.
Trade closed: target reached
TP3 hit with +89.58% (3x) and +5.32RThat's a wrap for Litecoin, all targets reached with great profit, enjoy! 🎯
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