Hello!
Current price of Litecoin predicted many times, and while it stays in channel it gives easy profits.
Looking at price breakouts from different resistances of Flags/Triangles/Wedges we notice +21%/+19%/+18% move from breakout to resistance of the channel.
Given current conditions we are likely will go to resistance to $56 zone and see about +17% profits from current price.
SL zone is located below support of channel, so calculate your position size accordingly!
Thanks for reading, send Thumbs Up to this post 👍👍👍
Current price of Litecoin predicted many times, and while it stays in channel it gives easy profits.
Looking at price breakouts from different resistances of Flags/Triangles/Wedges we notice +21%/+19%/+18% move from breakout to resistance of the channel.
Given current conditions we are likely will go to resistance to $56 zone and see about +17% profits from current price.
SL zone is located below support of channel, so calculate your position size accordingly!
Thanks for reading, send Thumbs Up to this post 👍👍👍
Trade closed: stop reached
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𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟴
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
Related publications
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.