Get started
Dinore

LTCUSD false breakout? Bearish pattern after breakout

Litecoin (BITFINEX:LTCUSD)  
Dinore  
BITFINEX:LTCUSD   Litecoin
Chart Patterns Trend Analysis
0
2
chartpattern trendanalysis
As we can see on LTCUSD 3h chart, bearish shooting star is formed after a bulls rally.
For now, PRICE TRADE BELLOW SHOOTING STAR'S REAL BODY, which is confirmation of bearish pattern, and if latest candlestick close red, then it will be a stronger bearish sign.
Bull trap?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.