BEARISH IDEA
I think LTC will go down.
- Stoch RSI is overbought and last times it was a bearish trend, why no in this time ?
- MACD isnt up of zero axis, so we are in the bears zone actually,
- SQZMom can start a new round of red histogram next week, We need to see closely.
- Fibonaccio. We are playing around 0.7 Fibbo, but if bears gain the battle can send the price to 1 fib.
In resumen I am short by posibility of 80%
and I only have a 20% bullish bias.
- Stoch RSI is overbought and last times it was a bearish trend, why no in this time ?
- MACD isnt up of zero axis, so we are in the bears zone actually,
- SQZMom can start a new round of red histogram next week, We need to see closely.
- Fibonaccio. We are playing around 0.7 Fibbo, but if bears gain the battle can send the price to 1 fib.
In resumen I am short by posibility of 80%
and I only have a 20% bullish bias.
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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.