AleksDu

SHORT LTC depreciate greatly

看空
BINANCE:LTCUSDT   Litecoin / TetherUS
Hello everyone!
Today I want to share my thoughts on the LTC coin to the USDT pair.
If you look at the chart at 4H TF, you can see the pattern!
We had a similar situation before. We maintain that before there was the same growth with savings, after which the market collapsed (I drew all the patterns on the chart).
But this is not the main reason that points us to SHORT.

If you look at the technical analysis.
Then LTC forms a triangle below the strong resistance level. It looks like a perfect short pattern, but don't forget the rest of the market.
Also, globally, I do not see continued growth, coins from current prices. We are trading under global resistance. At least there will be a correction to the key support level where we are trading now. If the price overcomes the trend support, then LTC will depreciate very much, like all other altcoins. Indeed, for the main cryptocurrency, we have a similar situation.

Telegram Channel⏩ t.me/AleksDoo
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。