-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
LTCUSD H2: SWING: 15%/20% correction/SHORT IT/Distribution(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect more short-term and mid-term losses. SHORT IT!
🔸 Summary and potential trade setup ::: LTCUSD 2hour/candle chart review/outlook ::: tagged SHORT because it's BEARISH short-term ::: mid-term also BEAR MODE ::: ongoing distribution / stuck in range ::: bulls unable to break the current range ::: spells more trouble mid-term ::: 50 USD range highs / 45.5 USD range lows ::: shorting near range highs makes sense ::: BEARS should get ready to SHORT HIGH ::: we are setting up for another correction ::: final TP bears is near 40 USD ::: recommended strategy: SHORT IT 50/52 USD ::: TP BEARS is 40 USD ::: SWING trade setup / no fast gains here ::: SHORT/HOLD / do not expect miracle gains ::: SL is 4% max ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION ::: Sentiment outlook short-term: RANGE/MIXED