- Rising Wedge pattern w / falling volume broken down.
- 3 hour significant cross of ma's (change in trend)
- Fisher trend of several months broken
- good risk reward potential
Short LTC around 0.0144 or higher with a stoploss above 0.015 (or whatever fits your strategy)
Here is a supporting chart on 3 hr
COINBASE:BTCUSD
Self Explanatory BITMEX:XBTUSD Chart
Moving Averages, That confirm the qualified support and resistance trend lines
If this trend test fails to break above resistance, the likelihood of the support holding drops significantly, this will create a high probability of a price drop
