LTCUSD D1: price/RSI10 DIV //pullback possible/likely(BEARS)

12 mars 2021

LTCUSD D1: price/RSI10 DIV //pullback possible/likely(BEARS)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because this is a speculative
BEARISH rising wedge pattern

🔸 Summary and potential trade setup
::: LTCUSD daily chart review/outlook
::: noteworthy PRICE/RSI10 DIV now
::: bearish pattern setup
::: noteworthy PRICE/RSI10 DIV as well
::: traders should watch out for the
::: have to be careful going forward
::: also March is WEAK month for crypto
::: this is not a trade setup
::: warning of a potential pullback in LTC
::: BULLS should wait for a better price noe
::: Recommend to trim exposure in LTCUSD
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: overbought / so expecting correction / pullback
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK/800USD
::: Sentiment outlook short-term: BEARS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.