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: The trend is in a downtrend and now we see a upside pullback.
We can draw a counter trendline due to the pullback and wait for a confirmed breakout.
Timeframe: 30m
Direction: Short
Have a nice day.
Let's start with the reasons why the chart is bearish for me:
Technical analysis: The trend is in a downtrend and now we see a upside pullback.
We can draw a counter trendline due to the pullback and wait for a confirmed breakout.
Timeframe: 30m
Direction: Short
Have a nice day.
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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.