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

٢٩ مايو ٢٠٢٣Here 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.

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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.