Hello Future Millionaires!
Here we are traders! In the most epic of epic bull runs! BTC is in price discovery. As long as BTC is going up and/or sideways, I suspect alts will stay bullish!
LTC is flagging out, currently. I'm long for a bull flag breakout. The measured move for this breakout has strong confluence with the 1.618 Fibonacci extension. I suspect will run into a little short-term resistance at the 1.618 extension, around $130. If we get a nice pullback there, I'll be looking to buy the dip!
There is strong horizontal resistance around $122, so I'll be taking some profits by then!
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
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Entry: 102.00
Entry Zone: 99.50 - 109.50
T1: 115.00
T2: 122.00
T3: 130.00
Stop: 94.43
--
R:R: 3.83
Risk: 7.42%
Reward: 28.43%
Leverage: 3X
Leveraged Risk: 22.26%
Leveraged Reward: 85.29%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Here we are traders! In the most epic of epic bull runs! BTC is in price discovery. As long as BTC is going up and/or sideways, I suspect alts will stay bullish!
LTC is flagging out, currently. I'm long for a bull flag breakout. The measured move for this breakout has strong confluence with the 1.618 Fibonacci extension. I suspect will run into a little short-term resistance at the 1.618 extension, around $130. If we get a nice pullback there, I'll be looking to buy the dip!
There is strong horizontal resistance around $122, so I'll be taking some profits by then!
---
Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Entry: 102.00
Entry Zone: 99.50 - 109.50
T1: 115.00
T2: 122.00
T3: 130.00
Stop: 94.43
--
R:R: 3.83
Risk: 7.42%
Reward: 28.43%
Leverage: 3X
Leveraged Risk: 22.26%
Leveraged Reward: 85.29%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Ý tưởng liên quan
T1: 115.00 - HIT!!! (38.24% Gain)
T2: 122.00 - HIT!!! (58.82% Gain)
T3: 130.00 - HIT!!! (82.35% Gain)
Let's get this crypto!