9/5/Community: Today's recommended LTC/Short/Strategy based on AB=CD
Live broadcast sharing various mainstream technical indicator application methods, as well as technical analysis of the day's technical forms;
[LTC/Daily Chart]
LTC/Daily Chart: The recent price trend at the daily level is bearish as it approaches BTC/ETH; after testing 10-15ema resistance and forming a bearish combination pattern of a hanging man star after stopping at 62, it has started a weak rebound consolidation; there is an increased probability of further downward breakthrough during the day; the main strategy for this currency is bearish; the key strategy is to track the AB=CD of the 4-hour cycle
[LTC/4-hour Chart]
LTC/4-hour: Technical trend analysis shows a drop from 70.7 high to 62, rebounding to 65; it has formed a 70.7A, 62B/65C pattern; and C is clearly being resisted and is currently falling back; combined with the death cross of the three moving averages, it indicates a bearish trend; once the intraday bear effectively breaks the C point support, the subsequent bearish target will potentially go to point D at 57, and then to 55; this currency is strongly recommended for shorting; defense should be added above point C; the risk-reward ratio for the target point D is approximately 1:4
Recommended Strategy [Short Direction]
Support 62-61.5/Resistance 64-65
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[Efficient. Accurate. Breakthrough Trading Opportunity Capture]
February 2022-December 2022///10 wins 1 loss
February complete/Return rate 2500%///March complete/Return rate 2500%
April complete/Return rate 2626%///May complete/Return rate 3698%
June complete/Return rate 3081%///July complete/Return rate 7033%
August complete/Return rate 4694%///September complete/Return rate 5046%
October complete/Return rate 1438%///November complete/Return rate 2362%
December complete/Return rate -474%///
February 2022-December 2022 complete total 34504%
Single margin 100U calculation*34504%=34504U
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