NOTE: This trade is for people who don't understand or want to take on the risk on leverage, margin and futures trading. Perhaps you want to more Litecoin. Either way from technical analysis, I have found a good entry.
Exchange : Binance | Altcoin Trading
Trading Pair : LTC/BTC
Position : Long
Leverage : N/A
Approx Risking: 7.4%
Approx Reward: 62.7%
Risk/Reward: 8.4
STOP LOSS: 100% @ 0.010963
Approx Entry AVG: 0.012180
Entry 1: 1x @ 0.014388
Entry 2: 2x @ 0.013306
Entry 3: 6x @ 0.012186
Entry 4: 18x @ 0.011301
Approx Exit AVG: 0.033829
Exit 1: 25% @ 0.0016156
Exit 2: 25% @ 0.017877
Exit 3: 25% @ 0.020358
Exit 4: 25% @ 0.022639
Reasons to enter (Prioritized from most to less important):
1. LTC Halving = less supply + same if not more demand which equals pump
2. Triangle
3. Ascending triangle
4. Staggering on support levels.
5. Stop loss beneath previous HL candle and support
Exchange : Binance | Altcoin Trading
Trading Pair : LTC/BTC
Position : Long
Leverage : N/A
Approx Risking: 7.4%
Approx Reward: 62.7%
Risk/Reward: 8.4
STOP LOSS: 100% @ 0.010963
Approx Entry AVG: 0.012180
Entry 1: 1x @ 0.014388
Entry 2: 2x @ 0.013306
Entry 3: 6x @ 0.012186
Entry 4: 18x @ 0.011301
Approx Exit AVG: 0.033829
Exit 1: 25% @ 0.0016156
Exit 2: 25% @ 0.017877
Exit 3: 25% @ 0.020358
Exit 4: 25% @ 0.022639
Reasons to enter (Prioritized from most to less important):
1. LTC Halving = less supply + same if not more demand which equals pump
2. Triangle
3. Ascending triangle
4. Staggering on support levels.
5. Stop loss beneath previous HL candle and support
交易進行:
3 entries triggered. Both triangles and support are being respected. Since both are being respected. Our TA should be more likely and valid.