Litecoin seems to be gearing up for a breakout sooner rather than later. Best way to trade this is to go in after the breakout and if prices stay above support (what was prior resistance)
Entry: After breakout and resistance becomes support
TP1: 0.0204
TP2: 0.0218
TP3: 0.0235
Stop loss: 0.0163 or below support after the breakout.
In the case of a failed breakout, you can enter with a tight SL at 0.0165 or 0.015765 if the previous price doesn't hold.
Thumbs up if you agree! Comments welcome.
*Not intended as trading advice. This is just my trading idea. I trade with stop losses. Please use your own judgment when trading real money*
Entry: After breakout and resistance becomes support
TP1: 0.0204
TP2: 0.0218
TP3: 0.0235
Stop loss: 0.0163 or below support after the breakout.
In the case of a failed breakout, you can enter with a tight SL at 0.0165 or 0.015765 if the previous price doesn't hold.
Thumbs up if you agree! Comments welcome.
*Not intended as trading advice. This is just my trading idea. I trade with stop losses. Please use your own judgment when trading real money*
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.