LTCUSD SHORT 7%

מעודכן
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.
הערה
Diamond trendline broken.

תמונת-בזק
הערה
Diamond apex being tested. תמונת-בזק
הערה
Diamond Apex Broken.
תמונת-בזק
הערה
Nearly perfect call 39.18 hit. תמונת-בזק
עסקה סגורה: היעד הושג
Longed at 39.5 for the dead cat and exited the long at $40.50.

Pending further price action for the next setup.
Chart PatternsTechnical IndicatorsLTCltcshortLTCUSDltcusdshortLTCUSDTOscillators

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