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Short

LTCUSD H4: SHORT IT! 20% gains BEARS.(SL/TP)(NEW)

COINBASE:LTCUSD   Litecoin / U.S. Dollar
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-15+ years experience in markets
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-Key S/R levels
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LTCUSD H4: SHORT IT! 20% gains BEARS.(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
losses in this market.


🔸 Summary and potential trade setup
::: LTCUSD 8hour chart review/outlook
::: currently price is maxed out
::: hit heavy resistance at 50 USD
::: expecting more downside short-term
::: SHORT AT MARKET
::: TP is 20% gains
::: 40 USD is final TP bears
::: 40 USD is key S/R level on chart
::: this is in-line with ETHUSD setup
::: SHORT/HOLD setup for BEARS
::: 20% gains unleveraged
::: 40 USD will get re-tested
::: short-term bearish / more downside
::: recommended strategy: SHORT IT NOW
::: TP BEARS is 20% gains / 40 USD
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: RANGE
Order cancelled: setup is void. see my latest update in bitcoin.
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

Well done! 🦐
Reply
Looks like a nice sell
Reply
Great idea
Reply
If unable to break the key level resistance, downside action is more likely. Thanks for sharing your idea 🐻‍❄️😃
Reply
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