LTCUSD SHORT 7%
Обновлено
LTC has formed a diamond pattern setting up for a trend continuation or reversal of over 5% from either APEX. LTCUSD is now trying to hold on to support at $42.05 and is now testing the lower diamond trend line. Upon breaking the trend line followed by a confirmation of a break of the diamond apex a move of 7% downward to just above $39.05 should complete.
A bearish break is is supported by the overall trend, declining of RSI, MacD and OBV on the 1, 4 and 24 hour time frames.
An upward break out of the diamond would invalidate this analysis.
Technical analysis only. Not investment advice.
A bearish break is is supported by the overall trend, declining of RSI, MacD and OBV on the 1, 4 and 24 hour time frames.
An upward break out of the diamond would invalidate this analysis.
Technical analysis only. Not investment advice.
Заметка
Diamond trendline broken.Заметка
Diamond apex being tested. Заметка
Diamond Apex Broken.Заметка
Nearly perfect call 39.18 hit. Сделка закрыта: достигнута тейк-профит цена
Longed at 39.5 for the dead cat and exited the long at $40.50.Pending further price action for the next setup.
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