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LTCUSD D1: 25% correction / SHORT IT(NEW)

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COINBASE:LTCUSD   Litecoin
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LTCUSD D1: 25% correction / SHORT IT(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BCHUSD daily chart review/outlook
::: 64 USD heavy rejection and bulls failed
::: so upside likely very limited from here
::: weekly close = inside candle
::: if we close like this upside is limited
::: so at the very least we are getting
::: 25% correction soon
::: so just be careful and don't get caught
::: on the wrong side of the market
::: recommended strategy: SHORT IT
::: at market SL over recent highs
::: TP BEARS 25% gains // 45 USD
::: SHORT/HOLD setup for patient traders
::: just short high and get paid, period
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS

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