LTCUSDT.P Cup and Handle + POI (Long) 5/30/2023

2023年5月29日

Here is a potential long trade. A clear Cup and Handle pattern is visible on this chart. Additionally, there aren't any unhealthy pumps that are creating imbalances below too, which makes it less likely to move downwards in its current state. Entry and Take-Profit are placed on recent POIs.

2023年5月31日

交易手动结束

The price reacted to a recent resistance level and respected it along with BTC's push to its own imbalance prompting us to secure our profits sooner.