LTCUSD - 50% Cyclical Short Trade? Capitulation?!
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Watch for rejection at this level near the EMA50 and the bottom of the falling wedge pattern. We are bullish above $35 and bearish below $31. Below $26 we will have swan diving with recent dip buyers taken out the back and shot.
Previous successful LTC idea:
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Previous successful LTC idea:
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
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Watch for reversal here as LTC contiunes to trade within our ideaNota
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Hanging above invalidation now and in the "no trade zone" … I'm watching for a reversal on the small timeframes to short this market Nota
Is this the local top? Breakdown?Nota
Is this the next local top!?The weakness this market has suffered on the bigger timeframes led to some strong mean reversion. But this has also made trading this market difficult.
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