LTCUSD daily: next up: 25% correction(NEW)

12 июн. 2020 г.

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LTCUSD daily: next up: 25% correction(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: LTCUSD daily chart review
::: Bulls failed at 49 USD again
::: heavy rejection
::: similar setup to BCHUSD daily
::: expecting breakdown soon
::: this is not a trade setup
::: technical outlook only
::: based on triangle setup
::: target bears is 35 USD
::: position traders should SHORT rallies/rips
::: my target rate is 35 USD within 2-4 weeks
::: 25% downside from current market price
::: BTCUSD also failed to clear 10K USD again
::: so this spells trouble for crypto space
::: finally QQQ is maxed out, AAPL broke down
::: review my setups in QQQ/AAPL in my ideas section
::: good luck traders
::: see you at 35 USD within 4 weeks max
🔸 Supply/Demand Zones
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH