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LTCUSD - 50% Cyclical Short Trade? Capitulation?!

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Watch for rejection at this level near the EMA50 and the bottom of the falling wedge pattern. We are bullish above $35 and bearish below $31. Below $26 we will have swan diving with recent dip buyers taken out the back and shot.

Previous successful LTC idea:

LTCUSD - 40% Cyclical Trade? Bear Contiunes?

***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK

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Watch for reversal here as LTC contiunes to trade within our idea

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Hanging above invalidation now and in the "no trade zone" … I'm watching for a reversal on the small timeframes to short this market

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Is this the local top? Breakdown?

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Is this the next local top!?

The weakness this market has suffered on the bigger timeframes led to some strong mean reversion. But this has also made trading this market difficult.