LTCUSD D4: Key S/R levels and zones(OVERVIEW)(NEW)

1 de dez. de 2020

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LTCUSD D4: Key S/R levels and zones(OVERVIEW)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect
more gains short-term in this market.

🔸 Summary and potential trade setup
::: LTCUSD D4 chart review/outlook
::: overview of key S/R levels
::: 116 is 786 of AB swing previously
::: 116 USD heavy/confirmed resistance
::: 78 USD final resistance and
::: also heavy supply zone
::: short-term more gains possible
::: up to 25/30% before reversal later
::: BEARS get ready to SHORT FROM OVERHEAD
::: LTCUSD is correl with BCHUSD
::: recommended strategy: SHORT IT/HOLD
::: wait for rejection from overhead
::: TP BEARS +40/50% gains
::: correction mode soon
::: higher risk strategy: BUY/HOLD at market
::: Bulls exit later near 115/120 USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/REVERSAL
::: Sentiment outlook short-term: BULLS

1 de dez. de 2020

Nota

up to 25/30% before reversal later