LTCUSD H16: Rising Wedge / 50% correction /SHORT IT(NEW)

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LTCUSD H16: Rising Wedge / 50% correction /SHORT IT(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: LTCUSD 16hour/candle chart review/outlook
::: SPECULATIVE SETUP
::: Do your own due dill
::: rising wedge / compression setup
::: BEARS look to short from ovehread
::: S/R level near 210/220 USD
::: correction mode up next
::: cycle high already printed
::: long-term accumulation in progress
::: HOWEVER maxed out already now
:::6 0% correction still pending
::: will re-test range lows next few months
::: expecting throwback into range
::: 50% dump/correction possible/likely
::: to complete the sequence
::: before it can finally shift into BULL MODE
::: correction is REQUIRED
::: later we can pump 500%+ from that base
::: but that's not until end of 2021
::: limited upside in 2021
::: 50% correction up next
::: after correction is COMPLETE
::: recommended strategy: SHORT IT
::: TP BEARS range lows of the sequence
::: this is SHORT/HOLD Setup
::: for patient traders only / no fast gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/SWING/CORERECTION
::: Sentiment outlook mid-term: BEARS/SWING/CORERECTION

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