piccard54

Litecoin prints a triple bottom and breaks out

Long
BINANCE:LTCUSDT   Litecoin / TetherUS
As you can see in the chart this is a book long, Lite-coin has managed to hold very well the support of 41.5 touching it three times that signals a triple bottom pattern.
The pattern is confirmed once the price breaks the highest point between the bottoms that is 51.7. It broke out and now we have a wonder full entry after the retest of the breakout.
I will enter a long position now at 53.2$ and i will take profit at 64.5$ and set a stop loss order at 50.5$ .

I will be glad to see what do you think in the comments and if you agree with me give me a like, it helps a lot.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.