LTC/BTC 1D (Binance) Falling wedge & facing strong support
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
Nota
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%
Nota
Almost back to entry, now facing descending channel resistance, if breaks out we all now what will happen next...Dagangan ditutup: hentian tercapai
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.