LitecoinShort
"Top and Bottom Analysis" LTC/USD (LITECOIN) by ThinkingAntsOk
4H CHART EXPLANATION
In the short term, we can expect a double top with the previous Max. level, and then a downside movement towards the Ascending Trendline. Also, there is MACD Bearish Divergence. After this, if this price zone is broken, we will look for short/long positions based on the higher timeframes analysis.
Updates comming soon!
-Weekly Timeframe:
-Daily Timeframe:
In the short term, we can expect a double top with the previous Max. level, and then a downside movement towards the Ascending Trendline. Also, there is MACD Bearish Divergence. After this, if this price zone is broken, we will look for short/long positions based on the higher timeframes analysis.
Updates comming soon!
-Weekly Timeframe:
-Daily Timeframe:
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.
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.