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CryptoSlots777
May 5, 2021 9:23 AM

LTC low risk short opportunity Short

Litecoin / TetherUSBinance

Description

Bearish divergence on 1H and 4H


Low time frame painting a descending triangle.

First target is measured moved of the triangle at ~306$

Second target is the 0.618 Fibonacci ratio at ~289$ perfect alignment with a previous top.

Idea would be invalidated if price breaks above triangle red resistance at ~329$.

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