flomro13
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chartpattern
trendanalysis
waveanalysis
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The price is downtrend between a really defined channel and is touching the upper part of that one. the stochastic is overbought. SMA 50 is crossing SMA 200 below! For my mind it is a really good opportunity to short LTCEUR. You can wait for a candlestick pattern to confirm the downtrend as a signal (bearish pattern, doji, swallow).
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