Short litecoin to 0.014

POLONIEX:LTCBTC   Litecoin / Bitcoin

I am anticipating that as long as BTC remains bearish , so will LTC.

Reasons why I am short:
1 day chart shows price entering ichimoku cloud
Price is hugging 200 day EMA
Recent All time highs

Next supports:
Bottom of ichimoku cloud
0.018 BTC
0.014 BTC

Sorry no arrows, you can draw them. This is just my opinion do your own research before you trade
Mar 17
Comment: This is my first idea published

My advice for this trade:
Use low margin
be patient- may take a week or more to play out
Broke bottom of cloud and now were hanging out below it. This is a very good sign.

Now we are hanging around the 200 day EMA. If we break this is another good sign.

Overall, trade is going as planned
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