This is a chart analysis for a potential paper trade short opportunity. I would enter the paper trade after a 4H, 12H, or 24H candle close below the blue resistance box. The target would be the next blue box which has strong horizontal support and confluence with the 0.618 Fibonacci.
LTCUSDT Short
Entry: 58.34-57.27
T1: 57.25
T2: 56.25
T3: 55.25
T4: 54.30
Stop: 59.55
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Please leave a like if you found value in the post. Thank you and have a great day!
***This is not financial advice and is not meant to be used for investment/trading.***
LTCUSDT Short
Entry: 58.34-57.27
T1: 57.25
T2: 56.25
T3: 55.25
T4: 54.30
Stop: 59.55
--
Please leave a like if you found value in the post. Thank you and have a great day!
***This is not financial advice and is not meant to be used for investment/trading.***