LTC (Y20.P6.E1).Potential Short setup

Hi All,

This post is part of an ongoing serious to LTC, refer to link below as part of the macro structure.

Observation:

> Weekly Resistance is showing hard level to pass
> BTC likely to make new highs
> Indicators on the daily are bearish with a few showeing bearish divergences.
> On the 15 min chart, looking for a setup to short.

15 min chart

Other charts

Trading ditutup: target tercapai

I don't know what I was thinking to shorting this but the chart when I look back was bullish.
Anyway, closing this post off as I believe LTC hit its Inverted BARR target and is unlikely to make new highs any time soon.

ssari

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.

Juga di:

Publikasi terkait

LTC.USDT (Y20.P6.E1.v2).Macro structure

oleh ssari

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.

ssari

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.