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  • Vasily Trader

Litecoin (LTCUSD): Short Trade Explained (forecast)



Litecoin broke and closed below a key daily confluence zone:

the price managed to violate a strong horizontal key level and a major rising trend line .


Now the price is retesting a broken structure.


As a confirmation, I noticed a double top formation on 1H.

Its neckline is broken and retested.


Now I expect a drop.


Goals:

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