Litecoin / BitcoinShort
LTCBTC 4H short
Updated
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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