LTCUSD H16: Strong Chart / BUY LOW for 20% gains (SL/TP)(NEW)

Jul 17, 2020

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LTCUSD H16: Strong Chart / BUY LOW for 20% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term losses
before reversal (BULLS)

🔸 Summary and potential trade setup
::: LTCUSD H16 chart overview and outlook
::: sliding price control line in gray
::: re-test likely near 47 USD later
::: confluence of sliding/horizontal resistance
::: chart looks strong and more upside possible
::: locked in tight range 65 days
::: BEST RELOAD bulls: 39/40 USD
::: for bulls. look to buy into mild pullback
::: chart looks good strong overall though
::: strong pattern likely setting up for PUMP
::: re-test of 46/47 USD high probability now
::: TP bulls is 46/47 USD MAX
::: recommended strategy: BUY LOW 39/40 USD
::: SL fixed 8000 USD
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS/DIPS

Jul 17, 2020

Note

SL IS 37.50 FIXED.