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harisonhbn9718

Litecoin formed a ABCD bearish pattern!!! Huge Movement

Short
Litecoin (COINBASE:LTCUSD)  
harisonhbn9718 Updated   
COINBASE:LTCUSD   Litecoin
Trend Analysis Chart Patterns Beyond Technical Analysis Litecoin (Cryptocurrency) LTCUSD Cryptocurrency ltcusdshort coinbase litecoinforecast Descending Channel abcdchartistpattern
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trendanalysis chartpattern beyondta litecoin ltcusd cryptocurrency ltcusdshort coinbase litecoinforecast descendingchannel abcdchartistpattern
Hello, in this analysis, in H4 timeframe Litecoin turn bearish and the market make a flow with the bearish sentiment continusly

snapshot

We see that Litecoin is into this bearish channel formed from September on this year and then, we hope a short position pending to entry to pick down 2 targets that I show you in H1 timeframe.

As we formed an ABCD bearish pattern, we hope an entry in short position for Litecoin and for Ethereum too!!!
Trade active:
Hello, we have the short position confirmed on Litecoin, so put the short at the price market with the SL at $47.40 USD and take profit is $43 USD, in cases that the take profit of $43 USD doesn;t reach it, so obviously the take profit more nearly is $44 USD, but for that, we need to updated our technical anlaysis so always.
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