STRUCTURE SHORT

Lovely Lola here with you again with a technical structure Litecoin analysis.

Having taken a look at multiple timeframe I came up with this structure analysis.

The local uptrend in a channel, with a sub-UPTEND in a smaller channel below, which acts as a massive support.

The two circles indicate Ltc behaviour near the lower channel and the rectangle indicates the area of enering into the short trade, after the circle behaviour plays out.


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Take care,
Yours truly

Lola
Bitcoin (Cryptocurrency)Chart PatternscryptoCryptocurrencyForexTechnical IndicatorsLTCLTCUSDshorttradeTrend Analysis

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