🚨 $LTC : The Momentum Long Setup! (R:R 1:1.5 → 1:2.8) 🎯
$LTC is showing strong bullish momentum, and the structure remains firmly up. This setup is a momentum long, entering on the current strength with a defined risk and a solid risk-to-reward ratio. The invalidation is clear, and the targets are based on structural levels.
Trade Plan:
📍 Entry: $72.98 (Limit or market on confirmation)
🎯 Target 1:$76.107 (1.5R)
🚀 Target 2: $78.817 (2.8R)
🛑 Stop Loss: $70.895 (2.86% risk)
Why Long?
· Momentum-following setup on a bullish structure
· Higher timeframe trend remains up
· Clean invalidation level defined
· Staged targets for profit-taking and letting the rest ride
⚠️ Note: This is a momentum entry. Manage your position size according to the 2.86% risk. Wait for a confirmation candle if you are not already in.
#LTC #Litecoin #Crypto #BinanceSquare #LongSetup
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)
$LTC is showing strong bullish momentum, and the structure remains firmly up. This setup is a momentum long, entering on the current strength with a defined risk and a solid risk-to-reward ratio. The invalidation is clear, and the targets are based on structural levels.
Trade Plan:
📍 Entry: $72.98 (Limit or market on confirmation)
🎯 Target 1:$76.107 (1.5R)
🚀 Target 2: $78.817 (2.8R)
🛑 Stop Loss: $70.895 (2.86% risk)
Why Long?
· Momentum-following setup on a bullish structure
· Higher timeframe trend remains up
· Clean invalidation level defined
· Staged targets for profit-taking and letting the rest ride
⚠️ Note: This is a momentum entry. Manage your position size according to the 2.86% risk. Wait for a confirmation candle if you are not already in.
#LTC #Litecoin #Crypto #BinanceSquare #LongSetup
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)
🟢 Will LTC hit TP1
100%
🔴 retest SL first?
0%
1 votes • Voting closed