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Bullandbeartrading

LTC/USD Trade Idea

Short
Litecoin (BITFINEX:LTCUSD)  
Bullandbeartrading  
BITFINEX:LTCUSD   Litecoin
Trend Analysis Chart Patterns Technical Indicators LTCUSD short Cryptocurrency
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trendanalysis chartpattern indicator ltcusd short cryptocurrency
Hello and welcome to my Trade Idea of the currency pair LTC/USD.

Let's start with the reasons why the chart is bearish for me:


Technical analysis: A very strong 1h support was formed and we wait for a break from this level.
We see a powerful bearish trendline.
Timeframe: 1h

Direction: Short


Have a nice day.
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