LTC/USDT might move out from pattern!
Hey, traders
First pair that we will be looking for upcoming week will be LTC/USDT. As we can see on 4hr chart there has been forming a nice triangle formation where price has reached the lower line of that pattern. In logical way we see that there was a bounce and we should move towards upper zone BUT due to the state of current market this might be a fakeout and we might actually breakdown from this formation! We will be waiting for confirmation of bearish movement and once we are confident enter that trade as well
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
First pair that we will be looking for upcoming week will be LTC/USDT. As we can see on 4hr chart there has been forming a nice triangle formation where price has reached the lower line of that pattern. In logical way we see that there was a bounce and we should move towards upper zone BUT due to the state of current market this might be a fakeout and we might actually breakdown from this formation! We will be waiting for confirmation of bearish movement and once we are confident enter that trade as well
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.