Dailys:
LTC is ranging, recently formed a HH but then formed a LL, LH, LL. I think next logical progression is LH then back down to retest previous support at the weekly supply zone.
s3.tradingview.com/s...shots/l/l2o12xu8.png
4H:
Daily, 4H supply zones line up well with 50 fib and 4H EQ level. We're possibly seeing the formation of a bear flag that'll head up before getting rejected and heading down, forming the LH on the dailys and giving us a 100% fib retracement on the weekly move.
Can't short on Spot so taken on the mex contracts, risk of low liquidity and haven't trade LTC in a long time so only taken for 0.25R
s3.tradingview.com/s...shots/x/XjCAD3wH.png
LTC is ranging, recently formed a HH but then formed a LL, LH, LL. I think next logical progression is LH then back down to retest previous support at the weekly supply zone.
s3.tradingview.com/s...shots/l/l2o12xu8.png
4H:
Daily, 4H supply zones line up well with 50 fib and 4H EQ level. We're possibly seeing the formation of a bear flag that'll head up before getting rejected and heading down, forming the LH on the dailys and giving us a 100% fib retracement on the weekly move.
Can't short on Spot so taken on the mex contracts, risk of low liquidity and haven't trade LTC in a long time so only taken for 0.25R
s3.tradingview.com/s...shots/x/XjCAD3wH.png