Previously I posted a short trade for LTC following the November 2018 sell-off, but limited information invalidated the trade:
Now that the range is clear we can prepare to short this market again. Here's the weekly view:
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Kommentera
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The bearish divergence between price and RSI/MFI is now shining bright. Watch for a rejection around the current price level.