LTC - mid term trade setup
LTC dumped, as most of the crypto market.
Overall crypto future is still uncertain but I like this chart.
LTC hit support and create some wicks which indicates buy pressure. Long term trendline is also retested, Stoch RSI is oversold.
Risk/reward ration here is acceptable, I'm targeting 50% gain.
When LTC dumped last time it retraced exactly to 0.618 Fib.
For this trade I'm looking also at this level which is also daily resistance (red box).
If LTC dump under 130$ I'm closing this position.
Long term hodl position doesn't have anything with this trade.
Overall crypto future is still uncertain but I like this chart.
LTC hit support and create some wicks which indicates buy pressure. Long term trendline is also retested, Stoch RSI is oversold.
Risk/reward ration here is acceptable, I'm targeting 50% gain.
When LTC dumped last time it retraced exactly to 0.618 Fib.
For this trade I'm looking also at this level which is also daily resistance (red box).
If LTC dump under 130$ I'm closing this position.
Long term hodl position doesn't have anything with this trade.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.