LTC (Y20.P6.E1).Potential Short setup

2021年1月2日

Hi All,

This post is part of an ongoing serious to LTC, refer to link below as part of the macro structure.

Observation:

> Weekly Resistance is showing hard level to pass
> BTC likely to make new highs
> Indicators on the daily are bearish with a few showeing bearish divergences.
> On the 15 min chart, looking for a setup to short.

15 min chart


Other charts



PREVIOUS POST

2021年1月18日

交易結束：目標達成

I don't know what I was thinking to shorting this but the chart when I look back was bullish.
Anyway, closing this post off as I believe LTC hit its Inverted BARR target and is unlikely to make new highs any time soon.