Short

Litecoin (LTCUSD): Short Trade Explained

Updated

Litecoin broke and closed below a key daily confluence zone:
the price managed to violate a strong horizontal key level and a major rising trend line.

Now the price is retesting a broken structure.

As a confirmation, I noticed a double top formation on 1H.
Its neckline is broken and retested.

Now I expect a drop.

Goals:
154
124

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Note

Check my new analysis on EURUSD:

EURUSD: Key Level Test & Your Confirmation to Sell

VasilyTrader

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Also on:

Related publications

📚Reversal Patterns - How To Identify & Trade Them 📚

by VasilyTrader

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.