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LTCUSD H4: Get ready TO SHORT IT 20%+ gains(SL/TP)(NEW)

Long
COINBASE:LTCUSD   Litecoin
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LTCUSD H4: Get ready TO SHORT IT 20%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
gains before reversal at/near 50/51USD (BEARS).


🔸 Summary and potential trade setup
::: LTCUSD 4hour chart review/outlook
::: currently price is stuck in range
::: previously BEAR TRAP SETUP
::: get ready for BULL TRAP SETUP
::: later near 51 USD
::: that's where you want to SHORT IT
::: 50USD absolute range highs
::: 42USD absolute range lows
::: currently trading near mid range
::: shorting near range highs makes sense
::: short-term bullish / more upside
::: 50/51 USD heavy resistance / SHORT IT
::: TP BEARS is re-test of range lows
::: 20% gains on sell side for BEARS
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY NEAR 50USD SL 53USD TP1 10% TP2 20%
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/40USD
::: Sentiment outlook short-term: BULLS

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