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LTC is ranging and it's better to trade the breakout. Nevertheless we had a three black crows bearish candlestick pattern, which signals the breakout is likely to happen to downward.
So in case we have a confirmed breakout of the 40$ support we can go short
Pattern will be invalidated if we have a close below the last candle's low in three white soldiers pattern.
If price beats its local support on 154.40$ we can expect more downside
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Peace Out!
Not a Financial Advice
LTC is ranging and it's better to trade the breakout. Nevertheless we had a three black crows bearish candlestick pattern, which signals the breakout is likely to happen to downward.
So in case we have a confirmed breakout of the 40$ support we can go short
Pattern will be invalidated if we have a close below the last candle's low in three white soldiers pattern.
If price beats its local support on 154.40$ we can expect more downside
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice