whdals1019

LTC/USD Bullish Cypher3

Short
COINBASE:LTCUSD   Litecoin
2
It's my first time publishing technical analysis, I'm new to this field and still learning about patterns and analysis. Any constructive comments/advices on my analysis are welcome and encouraged. Thanks!

I built a bullish cypher pattern based on LTC/USD in Coinbase 4h chart.

Entry point at $36.50 and my tp1 will be at $40.81 and stop/loss at $33.35

BB and StochRSI confirms that the market is overbought, MACD needs further observation to confirm whether it's downtrend or uptrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.