TradingView
CryptoC77
Apr 5, 2019 11:24 AM

LTCBTC BEARISH SETUP Short

Litecoin / BitcoinBinance

Description


LTCBTC now is situated into an ascending channel where just hit the resistance 0.0185 and now we need to cool off a little.
Stochastic maded a bearcross which means we will going down
RSI is at overbought because is more then 70
I will sell here,and i will re-enter at 0.0148-0.0151 for halvening!. Good luck,i will don t play it on bitmex. At the moment we have a bearish setup

Trade closed: target reached

Easy
Comments
Cryptonite_trader
Nice! This is what im currently seeing
UnknownUnicorn788630
RSI can stay overbought for much longer than you and your entire family + friends + and other social connections have money to keep your losing position open. RSI could stay at heavily oversold levels for literally half a year.
CryptoC77
@MonocoleDundee, Yes.but is there a bearcross at stocasthic
More