$LTC/USDT 15m (Binance Futures) Symmetrical triangle breakout

Litecoin seems to be breaking bullish here, even if it looks like a bearish pennant I believe market is about to recover short-term.

Current Price= 264.60
Buy Entry = 234.33 - 231.13
Take Profit= 247.31 | 260.18 | 277.70
Stop Loss= 222.99

Risk/Reward= 1:1.5 | 1:2.82 | 1:4.62
Expected Profit= +18.78% | +35.37% | +57.96%
Possible Loss= -12.57%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 2 days

Commentaire:

There was a typo for Current Price, it was obviously 236.28$ as shown on chart.

Transaction en cours:

First entry filled

Litecoin broke out upward as expected, let's go for targets now! 🤞🏼

Trade fermée: ordre d’arrêt atteint:

SL was hit with -12.57% (3x) and -1R during weekend

Litecoin wasn't ready to recover yet and dipped quite lower (down to 210.56$) after a strong rejection on 20EMA...
Then it finally reversed, if you managed to enter back or were still holding, then TP2 is reached with +35.37% (3x)!
We recommend to take some profit here, or just wait for a new signal if you are out.