🚨 Quick trading opportunity on $LTC
We take advantage of the drop and fear, and enter a trade on $LTC .
After the correction, the coin is currently trading around the Golden Fibonacci zone, giving us nice reversal signals on the smaller timeframes. If the zone holds, we may see a good upward move.
📍 Entry zone: 69.00 – 69.80
🎯 Targets:
- TP1: 72.30
- TP2: 75.15
- TP3: 81.90
🛑 Stop loss: 66.49
The trade needs monitoring, especially since a rebound is still possible but not guaranteed. Adhering to the stop loss is important if the scenario fails.
We take advantage of the drop and fear, and enter a trade on $LTC .
After the correction, the coin is currently trading around the Golden Fibonacci zone, giving us nice reversal signals on the smaller timeframes. If the zone holds, we may see a good upward move.
📍 Entry zone: 69.00 – 69.80
🎯 Targets:
- TP1: 72.30
- TP2: 75.15
- TP3: 81.90
🛑 Stop loss: 66.49
The trade needs monitoring, especially since a rebound is still possible but not guaranteed. Adhering to the stop loss is important if the scenario fails.
