LTCUSDT Trade Opportunity: Buy and Hold Litecoin until $80

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Ali
Expert Trader
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Joined: Mon Nov 27, 2023 1:30 pm
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LTCUSDT Trade Opportunity: Buy and Hold Litecoin until $80

Post by Ali »

Hi Forexbee traders, I have done analyses on the LTCUSDT and found a trade opportunity. I recommend buying and holding the LTCUSDT cryptocurrency to get upto 35% account growth without using any leverage in trade.
Litecoin analysis.png
You should consider the following entry and target levels:
  • Entry point: You can buy the LTCUSDT at $60 (current price); however, recommended entry prices are $59.5 and $57.8. 
      Profit target: You can close partial trade at $70 and keep holding the rest of the trade until $80.
    buy and hold LTUSDT.png
    Why you should buy LTCUSDT and Hold?
    I have analysed the LTCUSDT chart. I found strong flag limits, and Price has tested these zones many times. Now price is trying to break these flag limits, and hopefully, in the upcoming bullish trend, the price will break through these zones. That's why I suggested buying and holding Litecoin. 
    You should not use leverage in this trade; instead, buy and hold trade with peace of mind. however, if you are an intraday trader, then you should look for a bullish trend reversal pattern at the green zone to confirm the bullish trend, and then you should open a buy trade. 
    You can expect 35% account growth if you buy and hold the trade. 

    Always trade at your own risk. 

    If you have any questions, you can ask me by replying to this post. 
    Thanks 
    BlueOcean
    New Trader
    Posts: 2
    Joined: Sat Oct 05, 2024 7:08 am

    Re: LTCUSDT Trade Opportunity: Buy and Hold Litecoin until $80

    Post by BlueOcean »

    Great Analysis for LTCUSDT. :D
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