LITECOIN price in Triangle

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Direction: Short
Reasons for open position:
- Price in triangle
- Price near support level
- If price will break support level then after a little pullback we can open short

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I have also short LTC before the dump. Good analysis mate

Bro, instead of working with Price Action, go learn Elliott Wave, In that case you are analyzing correctly
@mostafatmn, I studied earlier the elliott waves
@mostafatmn, but I’m trading now according to a different strategy, it’s more convenient for me
@mostafatmn, But thanks for the tip.
Thanks. good analysis.
@0xdjangox0, You are welcome
@0xdjangox0, Thanks
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