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LTCUSD H2: SWING: 15%/20% correction/SHORT IT/Distribution(NEW)

Short
COINBASE:LTCUSD   Litecoin
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LTCUSD H2: SWING: 15%/20% correction/SHORT IT/Distribution(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
and mid-term losses. SHORT IT!


🔸 Summary and potential trade setup
::: LTCUSD 2hour/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: mid-term also BEAR MODE
::: ongoing distribution / stuck in range
::: bulls unable to break the current range
::: spells more trouble mid-term
::: 50 USD range highs / 45.5 USD range lows
::: shorting near range highs makes sense
::: BEARS should get ready to SHORT HIGH
::: we are setting up for another correction
::: final TP bears is near 40 USD
::: recommended strategy: SHORT IT 50/52 USD
::: TP BEARS is 40 USD
::: SWING trade setup / no fast gains here
::: SHORT/HOLD / do not expect miracle gains
::: SL is 4% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED

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