On 4-hour chart, the price action of Litecoin is completing the final leg of bullish BAT pattern, soon it will be entered in the potential reversal zone.
Click here to create free account on tradingview to watch and play the chart on realtime
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $ 70.44 to $ 67.57
Fibonacci projection or sell zone: $ 77.28 to $ 87.57
Click here to create an account on Binance, the best place to buy or sell Litecoin
Stop Loss:
The potential reversal zone area that is up to $67.57 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 29.5% and as per the above-mentioned stop loss, the loss possibility is 4.1%.
Note: Above idea is for educational purpose only.
Tronchain is the highest paying, secured decentralized platform click below link to join
Note: the above external link will take you to the tronchain's page, Tron wallet or Tronlink wallet is required
