LTCBTC SHORT 1D - SHORT SET UP IN CONSOLIDATION PATTERN

12 Okt 2019

Bulls tried to put LTCBTC PA above 21 twice since september bounce. Not only has been impossible but also bear signals are around again:
1.- MACD signal is still below zero line, and bearish crossover just happened.
2.- ADX-DI is on "sideways" area, but DI- is dominating DI+
3.- Stoch, which is the indicator i use on sideways movement, is not on oversold territory and has crossed in the bearish way.
4.- Volume appeared on 24sept bounce, becoming from bulls, but now, almost testing again same point, volume is not appearing.

So I am entering short trade, expecting LTCBTC making a lower low. I will close the trade when bearish signs dissappear.

This is my journey, this is not an advice.

17 Okt 2019

Dagangan aktif

4-5% profit ATM, and everything is going smooth following our plan, not alarm signs:

1.- MACD going down growing histogram
2.- ADX sideways DI- growing distance
3.- Stoch bearish.
4.- Volume growing
5.- PA below 21EMA and breaking trendline.

Fantastic profit at this moment!

Not advice, just my journey

17 Okt 2019

Nota