$LTC short idea: neckline support flipping resistance
Atualizado
High time frame first - 3D is getting smacked back down from the consolidation that lead to the last leg of the sell off in 2018. Looks ready to close as a swing high (retrace looks likely).
Low time frame on Bitmex - clear support level/neckline is our entry, there is an OB above that which should offer a bit more resistance before our stop loss is hit. That same OB was responsible for sending price down below resistance. Targeting current local low.
Low time frame on Bitmex - clear support level/neckline is our entry, there is an OB above that which should offer a bit more resistance before our stop loss is hit. That same OB was responsible for sending price down below resistance. Targeting current local low.
Comentário
Stop loss hit. Trade closed.Aviso legal
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