LTCBTC - short-term bearish divergence spotted
LTCBTC shows a bearish divergence in the 1H RSI.
MACD is going to already below zero.
So there is a bias reversal is in the cards followed by a correction. Short-Term Support can be found at 12.5k and 11.5k.
Pending orders to confirm reversal at the bottom
Stop-Limit BUY 12.5k ---> 13.2k
Stop-Limit BUY 11.2k ---> 11.6k
Stop-Loss SELL 10.5k
Target can be set to 21k according to former high.
Limit SELL 21k
MACD is going to already below zero.
So there is a bias reversal is in the cards followed by a correction. Short-Term Support can be found at 12.5k and 11.5k.
Pending orders to confirm reversal at the bottom
Stop-Limit BUY 12.5k ---> 13.2k
Stop-Limit BUY 11.2k ---> 11.6k
Stop-Loss SELL 10.5k
Target can be set to 21k according to former high.
Limit SELL 21k
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BIAS REVERSAL INC