LTC/USDT 6H (Binance Fut.) Ascending channel on support

20 May 2020

FA: Litecoin partners with Atari Bolster Gaming and Cryptocurrency Industries.
TA: a parallel channel is forming inside a bigger one, MAs are showing good support too and the LTC/BTC pair found bottom few days ago.

Current Price= 43.99
Buy Entry= 44.04 - 43.20
Take Profit= 46.35 | 48.31 | 53.89
Stop Loss= 40.89

Risk/Reward= 1:1 | 1:1.72 | 1:2.66
Expected Profit= 25.04% | 43.00% | 94.2%
Possible Loss= -25.04%

Fib. Retracement= 0.618 | 0.786 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 360h

20 May 2020

Not

EDIT: R/R for TP3 is 1:3.76

21 May 2020

İşlem aktif

All entries filled, time to go up now!

30 May 2020

İşlem kapandı: hedefe ulaştı

TP1 with +25.04% (4x) from average entry.
Took a bit of patience but went through the resistance!
Higher targets are still valid but don't forget to book some profit here