LTCBTC trade on daily timeframe Short

Litecoin / BitcoinBinance

Description

⋅ Feb 23, 2019 3:53 PM

A very clear bearish RSI divergence on daily chart.
MACD cross over
Long term resistance can bee seen on weekly chart.

Short in the area of 0.01225-0.01275 - the higher the better :-)
Target: 0.0099
Stop: 0.013

Good Luck!!!

Comments

lj_4b

⋅ Feb 23, 2019 4:36 PM

For me it looks bullish on 4h, 1h. I would recommend to move SL to the .0127 if you wanna short it.
It will be more reasonable to short if we break .0112, Now I would recommend you to be bullish or just wait a better conformation

Also, checkout the LTCUSD pair.