Hello and welcome to my Trade Idea of the currency pair LTC/USD.
Let's start with the reasons why the chart is bearish for me:
Technical analysis: Fantastic reaction to the counter trendline and that until the resistance key level was touched.
After that the price breaks the counter trendline and now we expect a push to the lows.
Timeframe: 1h
Direction: Short
Have a nice day.
Let's start with the reasons why the chart is bearish for me:
Technical analysis: Fantastic reaction to the counter trendline and that until the resistance key level was touched.
After that the price breaks the counter trendline and now we expect a push to the lows.
Timeframe: 1h
Direction: Short
Have a nice day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.