Litecoin is looking quite bullish in satoshis, so event if BTC drops after halving this trade could play out well.
Buy Entry= 0.005235 - 0.005055
Take Profit= 0.005731 | 0.006227 | 0.006895
Stop Loss= 0.004559
Risk/Reward= 1:1 | 1:1.85 | 1:2.99
Expected Profit= 11.39% | 21.03% | 34.01%
Possible Loss= -11.39%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Buy Entry= 0.005235 - 0.005055
Take Profit= 0.005731 | 0.006227 | 0.006895
Stop Loss= 0.004559
Risk/Reward= 1:1 | 1:1.85 | 1:2.99
Expected Profit= 11.39% | 21.03% | 34.01%
Possible Loss= -11.39%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Note
Stop updated to 0.004286I had to redrew a little bit but the idea and targets remain the same.
Risk/Reward= 1:0.68 | 1:1.26 | 1:2.04
Expected Profit= 11.39% | 21.03% | 34.01%
Possible Loss= -16.70%
Note
Almost back to entry, now facing descending channel resistance, if breaks out we all now what will happen next...Trade fermée: ordre d’arrêt atteint
SL hit with -16.03% from average entryThis trade is taking way too long and already was invalidated.
I should have closed it in profit back in August, but I prefer to avoid further loss now.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.