LTC's looking juicy for a long trade, with a clear break of market structure. Price is hovering near a key area that could spark a move upwards.
đą $LTC LONG đ â Trade Plan
âą Entry: $45.2047 â $45.2952
âą Stop: $43.8925 (-3.0%)
âą Target 1: $45.9287 (+1.5%)
âą Target 2: $47.5125 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
We've got a few signals firing here, including a CHoCH break, CVD confirming direction, and a nice FVG to target. The OB and liquidity sweep are also lining up nicely, making this a solid setup. The POI confluence is the cherry on top, overlapping with the OB and FVG.
A 3.0% SL feels relatively wide for this trade, so we can consider running some leverage to maximize gains.
Once we hit TP1, it might be a good idea to take some profit off the table and ride the rest, just in case LTC decides to make a run for it.
DYOR â this isn't financial advice, size your risk accordingly đ
$LTC #LTCUSDT #SMC #TradingSignals #Write2Earn
đą $LTC LONG đ â Trade Plan
âą Entry: $45.2047 â $45.2952
âą Stop: $43.8925 (-3.0%)
âą Target 1: $45.9287 (+1.5%)
âą Target 2: $47.5125 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
We've got a few signals firing here, including a CHoCH break, CVD confirming direction, and a nice FVG to target. The OB and liquidity sweep are also lining up nicely, making this a solid setup. The POI confluence is the cherry on top, overlapping with the OB and FVG.
A 3.0% SL feels relatively wide for this trade, so we can consider running some leverage to maximize gains.
Once we hit TP1, it might be a good idea to take some profit off the table and ride the rest, just in case LTC decides to make a run for it.
DYOR â this isn't financial advice, size your risk accordingly đ
$LTC #LTCUSDT #SMC #TradingSignals #Write2Earn