Litecoin $LTC on high alert for shorting opportunity.
Expecting bearish alignment of double time frame momentum.
Stochastic RSI:
Monthly - Bullish
Weekly - Overbought/ Bullish
Daily - Bullish
Fundamentals:
The probability of a 50bps rate hike on December 14 is currently 75%.
Limited upward movement expected.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
Expecting bearish alignment of double time frame momentum.
Stochastic RSI:
Monthly - Bullish
Weekly - Overbought/ Bullish
Daily - Bullish
Fundamentals:
The probability of a 50bps rate hike on December 14 is currently 75%.
Limited upward movement expected.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.