-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
LTCUSD H1: Distribution / weak chart / SHORT IT. (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: LTCUSD H1 chart review ::: short-term update only ::: weak chart market not ready for upside ::: distribution in progress ::: SHORT IT near range highs ::: TP bears is 37/38 USD ::: overall bearish outlook for the week ::: no upside beyond 41/42 USD ::: BTC drifting lower on auto-pilot ::: will pull entire crypto space lower ::: recommended strategy: SHORT IT 41/42 ::: TP 27/28 SL 42.50 ::: good luck traders 🔸 Supply/Demand Zones ::: fresh supply zone 41/41 USD 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: MIXED