LTC Rebound bull trap, the recent market has shown a weak rebound after oscillating at low levels, but has not been able to break through the upper edge of the previous oscillation range. There is significant resistance above, and the trading volume during the rebound has not effectively increased. It is highly likely to be a short-term pullback. Once the rebound approaches the resistance level, one can decisively short.
Trading advice: Short around 78-80, looking down to 70-62, and if it breaks down, continue looking down. #加密市场观察 $LTC $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
LTC Rebound bull trap, the recent market has shown a weak rebound after oscillating at low levels, but has not been able to break through the upper edge of the previous oscillation range. There is significant resistance above, and the trading volume during the rebound has not effectively increased. It is highly likely to be a short-term pullback. Once the rebound approaches the resistance level, one can decisively short.
Trading advice: Short around 78-80, looking down to 70-62, and if it breaks down, continue looking down.
#加密市场观察 $LTC $BTC $ETH