Litecoin Preparing to Fly Towards the 163.60 Level 🚀 🚀 🚀

💡 Trade Idea

📈 Buy Limit Litecoin (LTC/USDT) @ 144.79

🎯 Target Profit 163.60

🛑 Stop Loss 138.56

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price is ranging inside a corrective channel and it is pushed by the bears to the daily support @ 144.79. We have a 38.2 Fibonacci retracement level which coincide with the daily support. This confluence might lead to a reversal and a move upward towards the 144.79 mark.
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Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️