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LTCUSD H1: Distribution / weak chart / SHORT IT. (SL/TP)(NEW)

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COINBASE:LTCUSD   Litecoin
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LTCUSD H1: Distribution / weak chart / SHORT IT. (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: LTCUSD H1 chart review
::: short-term update only
::: weak chart market not ready for upside
::: distribution in progress
::: SHORT IT near range highs
::: TP bears is 37/38 USD
::: overall bearish outlook for the week
::: no upside beyond 41/42 USD
::: BTC drifting lower on auto-pilot
::: will pull entire crypto space lower
::: recommended strategy: SHORT IT 41/42
::: TP 27/28 SL 42.50
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply zone 41/41 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: MIXED

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