Litecoin / TetherUS
Long
Updated

LTCUSDT - 1h Quick idea in long

131
1h swing breakout at an increased volume.
1. You can buy at the current price with a stop for the red line.
2. It will be more reliable to buy on the correction, and it will be, because there is a resistance block ahead.

Trade against the trend, so enter 1/2 of the standard position.
Trade closed: target reached
A good trade. I will look for a re-entry on the correction at the level of 54-55 at 5-15m.

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.