Descending Oscillic Channel For LTC [QUICK UPDATES]

Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.

We find LTC here in in a descending channel with oscillic properties. During the confirmation of this pattern we can continuously scalp trades from the top to the bottom of the channel (short) or from the bottom to the top (long). To keep it more simple and with less work, I suggest an overall short trade here based on the negative trend.

--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.


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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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