Thinkorsink

LTC. Litecoin, about to get a little lighter?

Short
POLONIEX:LTCUSD   Litecoin
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.
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