Long
$LIT/USDT 8h (Binance Fut.) Symmetrical triangle break & retest
Litentry broke bullish and is pulling back, let's enter on triangle and 50MA retest.
Current Price= 11.512
Buy Entry = 11.044 - 10.460
Take Profit= 14.290 | 16.988 | 20.567
Stop Loss= 8.983
Risk/Reward= 1:2 | 1:3.53 | 1:5.55
Expected Profit= +32.91% | +58.00% | +91.29%
Possible Loss= -16.45%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Current Price= 11.512
Buy Entry = 11.044 - 10.460
Take Profit= 14.290 | 16.988 | 20.567
Stop Loss= 8.983
Risk/Reward= 1:2 | 1:3.53 | 1:5.55
Expected Profit= +32.91% | +58.00% | +91.29%
Possible Loss= -16.45%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade active
All entries filledLitentry perfectly retested the triangle + 50MA and is bouncing nicely so far!
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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.