piccard54

LTC*USDT Possible bearish flag in 4h tf

Short
BINANCE:LTCUSDT   Litecoin / TetherUS
Taking in to account the current situation of BTC that in my opinion made a weak bounce from support of 39k like you can see in my other analysis i expect it to touch the 37,5k level and then we will see if it holds.
Meanwhile i see this a probably good trade.
Because of:
-Touching resistance
-Touching upper line of ascending
-Weak state of BTC
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Target and stop in chart
This in only my opinion, is not a financial advice, never risk your capital before making your own research and having a good risk management.
I would be pleased to see what do you think in the comments.
Regards and happy trading neither fear nor hope.
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