Hi dear patrons, hope you are well and welcome to the new update on Litecoin (LTC). On the 2-week time frame chart, the price action has formed a big Cypher pattern. There is also 25 and 50 simple moving averages supports in the buying zone.
Buy and sell targets: Buy between: $144.48 to $91.49
Sell between: $186.18 to $286.33
Stop loss: The maximum extent of the potential reversal zone $91.49 can be used as stop loss.
Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 212%, and the loss possibility is 37%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.