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piccard54
Apr 13, 2022 10:27 AM

LTC*USDT Possible bearish flag in 4h tf Short

Litecoin / TetherUSBinance

Description

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.
Comments
piccard54
Invalidated if 4h close over the upper channel line
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