LTCBTC 4H short
There is a bearish CCIDivergence (Divergence of Price vs. CCI) on the LTCBTC 4H chart. The past CCIDivergences were very reliable Indications of Trend Reversals (look at the Chart to see my CCIDivergence Indicator in Action).
LTCBTC seems to be in a long-term Uptrend but due to the CCIDivergence, I suspect that price might fall to the weekly Pivot (which crosses the Uptrend-Trendline) before the Uptrend continues.
LTCBTC seems to be in a long-term Uptrend but due to the CCIDivergence, I suspect that price might fall to the weekly Pivot (which crosses the Uptrend-Trendline) before the Uptrend continues.
Trade closed: target reached
Target was hit a few days ago.
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⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
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⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Related publications
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.