-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
LTCUSD 8hours: 25% gains mid-term(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
TAGGED as SHORT because I expect more downside
short-term before reversal (bulls).
So to preemt some questions, why did I flip to BUY
recommendation for mid-term? Primary reason:
we got fresh liquidity in BTCUSD near 8400 USD.
so there will be at least one final RALLY/PUMP
before bears can take over later.
therefore mid-term I recommend BUY setups only.
🔸 Summary and potential trade setup
::: LTCUSD 8hour chart review
::: speculative setup
::: decent upside 25-30% gains from LOWS
::: drifting lower on auto-pilot right now
::: HOWEVER still fresh liquidity
::: near 38/40 USD is enough for
::: reaction mid-term. therefore look to BUY LOW
::: recommended strategy: BUY LOW 38/40 USD
::: SL 34 USD
::: TP1 bulls +25% gains TP2 bulls +30% gains
::: 25%/30% gains in this BUY/HOLD setup
::: let's focus on short-term only for now
::: big picture still not clear
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 38/40 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: