📊 TRADE SIGNAL: $LTC
Direction: 🔼 #long
Order type: Limit (entry on a pullback)
Entry zone: $59.30 – $59.70 (retesting EMA 25/99)
Target 1 (TP1): $60.85
Target 2 (TP2): $62.40
Target 3 (TP3): $64.00
Stop-loss (SL): $58.60 (below the local support level)
💡 Brief analysis:
Technical outlook: The price is showing a local rebound from the $56.71 low, while EMA(7) has crossed above EMA(25/99).
Strategy: Entering at market near $60.15 is risky due to the high RSI. It’s best to wait for a slight pullback to the $59.50 support zone for a better R/R.
❓ Do you prefer entering at market or using limit orders during corrections? Let us know in the comments! 👇
Direction: 🔼 #long
Order type: Limit (entry on a pullback)
Entry zone: $59.30 – $59.70 (retesting EMA 25/99)
Target 1 (TP1): $60.85
Target 2 (TP2): $62.40
Target 3 (TP3): $64.00
Stop-loss (SL): $58.60 (below the local support level)
💡 Brief analysis:
Technical outlook: The price is showing a local rebound from the $56.71 low, while EMA(7) has crossed above EMA(25/99).
Strategy: Entering at market near $60.15 is risky due to the high RSI. It’s best to wait for a slight pullback to the $59.50 support zone for a better R/R.
❓ Do you prefer entering at market or using limit orders during corrections? Let us know in the comments! 👇