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LTCUSD H1: Bounce now / RESHORT IT later (BEARS)(SL/TP)(NEW)

Short
COINBASE:LTCUSD   Litecoin
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LTCUSD H1: Bounce now / RESHORT IT later (BEARS)(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: LTCUSD H1 chart review
::: similar setup to BCHUSD
::: weak chart market not ready for upside
::: rising wedge in downtrend
::: fresh liquidity near 38/40 USD
::: right now I recommend to wait for bounce
::: and RESHORT IT later near 41/41.50 USD
::: expecting more losses after the bounce
::: valid TP BEARS 36/38 USD
::: short-term weak outlook overall
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply zone 41/41.50 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BOUNCE/BULLS

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