LTC Breaking Down - Will be a great buying Opportunity

2HR MACD already crossed, 4 HR Stoch RSI crossed and 4 HR MACD Following. 2 HR Stoch at oversold, so may get a little bounce before headding down. Sitting at support so may turn into a shtshow for LTC. Will probably buy when 4 HR RSI is oversold and we get a 4 HR Stoch RSI cross.

Comment:

Trade is dead if we get a bullish cross in 4 Hour Stoch RSI. Given 1 Day RSI is very oversold and looking to cross bullish, a bullish cross in 4 Hour Stoch RSI (which would also be a higher low) would be very bullish IMO and I would be looking for LTC to break the top of the red channel and head to top of green channel.

This is my first published Idea and I'll lay out my entry, exit, trade kill, trade confirm more clearly in the future.

Trade closed: target reached