flomro13

LTCEUR 240 short

Short
KRAKEN:LTCEUR   Litecoin / Euro
The price is downtrend between a really defined channel and is touching the upper part of that one.
the stochastic is overbought.

SMA 50 is crossing SMA 200 below!

For my mind it is a really good opportunity to short LTCEUR.
You can wait for a candlestick pattern to confirm the downtrend as a signal (bearish pattern, doji, swallow).


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