$LTC/BTC 12h (Binance Spot) Descending wedge on support

2021년 2월 26일

Litecoin is accumulating in satoshi and could bounce in the weeks to come!

Current Price= 0.003675
Buy Entry= 0.003679 - 0.003605
Take Profit= 0.004116 | 0.004533 | 0.005349
Stop Loss= 0.003345

Risk/Reward= 1:1.6 | 1:3 | 1:5.75
Expected Profit= +13.01% | +24.46% | +46.87%
Possible Loss= -8.15%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months

2021년 3월 8일

액티브 트레이드

All entries filled

Litecoin dipped a bit more than planned, but still looking good to me.

2021년 3월 8일

노트

Still ranging and accumulating

Litecoin made an attempt to go up but was rejected and back to entry zone, I am manually adding here!

2021년 3월 13일

노트

Finally moving up

Litecoin bounced at last, let's see if it can break above 50MA soon.

2021년 3월 23일

노트

And got rejected again

Litecoin did not manage to break-out yet and that lead it to more local downtrend.
Now sitting wedge support, we decided to update SL a bit lower to avoid a long squeeze on a possible fake-out!

Stop Loss= 0.003262
Risk/Reward= 1:1.25 | 1:2.34 | 1:4.49
Possible Loss= -8.15%

2021년 4월 8일

거래청산: 타겟 닿음

TP1 reached with +13.01% (1x) and +0.73R

Litecoin dipped further more, I had to updated SL lower to avoid Stop hunt.
Then it finally pumped to first target and seems to be up-trending at last!

2021년 4월 16일

거래청산: 타겟 닿음

TP2 reached with +24.46% (1x) and +1.37R

Litecoin kept going up and broke bullish of the wedge, last target is likely to be hit.