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
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
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.
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.