Bullandbeartrading

LTC/USD Trade Idea

Short
BITFINEX:LTCUSD   Litecoin
Hello and welcome to my Trade Idea of the currency pair LTC/USD.

Lets start with the Top Down Analysis.


Weekly: The last weeks are bearish.


Daily: On daily we see the trend is in a downtrend, and we look for short entrys.


H4: On H4 we see a little correction from the downtrend.


M15: On the M15 timeframe we see the counter trendline and wait if the price made a clear break.


Have a nice day.
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