#LTCUSDT #1D (ByBit) Ascending wedge breakdown and retest

Oct 4

Litecoin lost 100EMA acting as resistance now and is pulling back towards it, more retracement down seems likely on daily.

⚡️⚡️ #LTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.0%

Current Price:
64.32

Entry Targets:
1) 65.78

Take-Profit Targets:
1) 55.34

Stop Targets:
1) 71.01

Published By: @Zblaba

LTC LTCUSDT.P #Litecoin #PoW litecoin.org

Risk/Reward= 1:2.0
Expected Profit= +79.4%
Possible Loss= -39.8%
Estimated Gaintime= 1 month

Oct 7

Trade active

LTCUSDT.P All entry targets achieved
Average Entry Price: 65.78 💵

LTC went for 100EMA bearish retest and is being rejected right now.

Oct 15

Trade closed: stop reached

LTCUSDT.P #1D SL with -1.0R
Stop Target Hit ⛔️
Loss: 39.7537% 📉

LTC just regained 100EMA and stopped us out, bulls are in control.