Short term scalp on Litecoin
Updated
1H timeframe is showing bullish divergence on RSI and histogram, while the 4H TF is showing oversold on RSI and a major overextention of the b bands. You can take a short term play here and target 10-15% to the daily mid b band and a confluence area around $140. I'm a ver long term swing trader, typically between different crypto but this dump is too hard to pass on some short term gains.
Trade closed: target reached
CLosed for nearly 12%
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