LTCUSD Is Very Bearish! Sell!
Here is our detailed technical review for LTCUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74.80.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 71.48 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Note
I am confident in this trade so I will keep it open!
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✅JOIN FREE TELEGRAM: t.me/signalsproviderfx
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx
🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
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.