CompositeTrader
Short

LTC/USD Price Action Analysis ~ Bearish Retest for New Lows

BINANCE:LTCUSDT   Litecoin / TetherUS
Litecoin has made a Bearish SFP and then a new Swing Low. And now it seems like, this will make a Bearish Retest to the EQ of the Trading Range. Hence, this will cause the next leg down to the Fibonacci Retracement levels which are also the Key OB and its below.

Entry: 85.9
SL: 107.1
TP-1: 61.1
TP-2: 41.1
R/R: 2.11


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‪The ideas published here are not financial advices. ‬
Order cancelled: We missed the entry but it seems this is going according to plan.
any fundamental analysis?
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CompositeTrader dipPocketBtc
@dipPocketBtc, I only do TA in this account and do FA myself.
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great analysis
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@zzonline, thank you so much!
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