This is our “Every-Monday” report on LITECOIN with a full vision over 3 timeframes.
4H CHART EXPLANATION
As we explained on the previous charts, we are looking for short opportunities.
In 4H timeframe, we can see:
- Price is on a Bearish Corrective Structure bouncing on the Support Zone
- If the structure is broken, the down movement will be confirmed below 75.000, so, we will be looking for Short
Setups towards 61.000 Support Zone, being careful of the Ascending Trendline
Updates coming soon!
MULTI TIMEFRAME VISION:
Weekly:
Daily:
4H CHART EXPLANATION
As we explained on the previous charts, we are looking for short opportunities.
In 4H timeframe, we can see:
- Price is on a Bearish Corrective Structure bouncing on the Support Zone
- If the structure is broken, the down movement will be confirmed below 75.000, so, we will be looking for Short
Setups towards 61.000 Support Zone, being careful of the Ascending Trendline
Updates coming soon!
MULTI TIMEFRAME VISION:
Weekly:
Daily:
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