Hello, in this analysis, in H4 timeframe Litecoin turn bearish and the market make a flow with the bearish sentiment continusly
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!!!
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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.