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Chartoholic
May 21, 2020 9:14 AM

Short term long on LTCBTC Long

Litecoin / BitcoinBinance

Description

Falling wedge with bullish divergence and flag pattern targeting 0.00483 and 0.00495, breaking 0.00472 to the upside should put this scenario in play.
Stop is around 0.00455

Comment

First target reached at 0.00483, move stop to entry price and wait for second target.
Breaking 0.00475 is not a good sign

Comment

Second target achieved without hit the original stop although the modified stop was hit

Trade closed: target reached

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