Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
LTC. Litecoin, about to get a little lighter?
Litecoin
Short
LTC. Litecoin, about to get a little lighter?
By Thinkorsink
Follow
Follow
Jan 27, 2020
6
Cheer
Cheer
Jan 27, 2020
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade!
Hidden bearish divergence confirmed on weekly close.
Below 200 simple moving average. Bearish Harami-esque candle pattern.
Price action leading into weekly close was strong. As strong as general consensus on where crypto markets are going.......... “to the moon”.
A risky trade to take (shorting crypto) so a small percentage of your average position size as a hedge.
BTC
btc1
BTCUSD
Candlestick Analysis
crypto
Fibonacci
LTC
LTCUSD
setup
short
Trend Analysis
xbt
Thinkorsink
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.