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

Short
COINBASE:LTCUSD   Litecoin
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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.

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