With BTC on the verge on reversing from a short-lived bullish reversal, LTC will most likely follow BTC downwards.
As seen on the chart, LTC is currently trading in a small upward edging channel in between a larger downtrend. In case this upwards edging channel's support gets broken, we might have completed the bear flag pattern. This pattern-type is often a catalyst for the continuation of the overall trend, which is bearish in this case.
In case the bearish trend from BTC will continue, we might visit the lows of $125 again. Wait for confirmation before entering this trade.
Happy trading!
As seen on the chart, LTC is currently trading in a small upward edging channel in between a larger downtrend. In case this upwards edging channel's support gets broken, we might have completed the bear flag pattern. This pattern-type is often a catalyst for the continuation of the overall trend, which is bearish in this case.
In case the bearish trend from BTC will continue, we might visit the lows of $125 again. Wait for confirmation before entering this trade.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相關出版品
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。