LTC has broken out of the rising wedge due to supply predominance bringing the PA back down to range resistance where demand is still low. This hints at a possible retest of range support when often times the selling climax (SCLX) point is mitigated before any reattempts at taking range resistance again. It is also possible to see some consolidation here. My overall bias is bearish, not only for LTC, but also the crypto markets in general. The target zone can be used to either short or DCA, depending on your objective.
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I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk.
**Not a financial advisor. Always DYOR and trade at your own risk.
LIKE and SUBSCRIBE if charts like these are beneficial to you.
Stop getting smashed and start winning in crypto. My charts will teach you how! If you like big wins and big money, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. Check out my chart history and see for yourself.
I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk.
**Not a financial advisor. Always DYOR and trade at your own risk.
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