TradingOn

$LTC/USDT 1D (Binance Futures) Parabolic curve near breakdown

Short
BINANCE:LTCUSDT.P   Litecoin / TetherUS PERPETUAL CONTRACT
#Litecoin had a really great bull run, but now seems it could retrace down before resuming bullish again.

Current Price= 154.33
Buy Entry= 155.12 - 168.90
Take Profit= 123.13 | 99.29 | 85.24
Stop Loss= 188.01

Risk/Reward= 1:1.5 | 1:2.41 | 1:2.95
Expected Profit= +24.00% | +38.71% | +47.39%
Possible Loss= -16.05%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.