Huge divergence on the
LTCUSD
daily timeframe as we test a critical resistance level and as we zoom into the 4-hour we can see an ascending triangle has now started to form and we're seeing a lot of bearish divergence, indicating a strong possibility of a sharp sell-off. This may be an opportunity for a buy-back at 125.
I'd be interested to know the sentiment of all viewers so please drop your comments below.
I'd be interested to know the sentiment of all viewers so please drop your comments below.
Trade closed: target reached:
125.00 reached.
Comment:
Since 125.00 was breached, I am fully expecting this to test the $100 psychological even-number support level.
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Disclaimer: I do not take all of the trades I publish.
Facebook Group: www.facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
P.S. Ignore the yellow arrow, it is not relevant to this setup.