Litecoin (LTCUSD): Short Trade Explained
Updated
Litecoin broke and closed below a key daily confluence zone:
the price managed to violate a strong horizontal key level and a major rising trend line.
Now the price is retesting a broken structure.
As a confirmation, I noticed a double top formation on 1H.
Its neckline is broken and retested.
Now I expect a drop.
Goals:
154
124
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