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LITECOIN, Head & Shoulders Formation

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BITFINEX:LTCUSD   Litecoin
Retail trader data shows 94.6% of traders are net-long with the ratio of traders long to short at 12.69 to 1. The number of traders net-long is 1.8% lower than yesterday and 1.9% higher from last week, while the number of traders net-short is 10.6% lower than yesterday and 40.4% lower from last week.

I typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Litecoin prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a STRONGER Litecoin-BEARISH contrarian trading bias.

İşlem aktif:
Litecoin came to the 1. target, made head and shoulders and I expect the move up to the green line.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.