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whdals1019
Jul 3, 2017 5:32 PM

LTC/USD Bullish Cypher3 Short

Litecoin / United States DollarCoinbase

Description

It's my first time publishing technical analysis, I'm new to this field and still learning about patterns and analysis. Any constructive comments/advices on my analysis are welcome and encouraged. Thanks!

I built a bullish cypher pattern based on LTC/USD in Coinbase 4h chart.

Entry point at $36.50 and my tp1 will be at $40.81 and stop/loss at $33.35

BB and StochRSI confirms that the market is overbought, MACD needs further observation to confirm whether it's downtrend or uptrend.
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