Mayday Mayday - Litecoin

100 EMA held Litecoin bull flag formation

SHORT SIDE

If it breaks to the downside (closes beneath $200) this strongly supports the C wave .....my buy limits are:

€162.87
€156.34
€147.64
€131.24

(Blue Line) 61.8% retracement signaling the next uptrend

LONG SIDE

Breaks the 50% retracement (Green line) we're extremely bullish.....my profit limits are:

€203.42
€221.46
€246.07
€282.98

Comment:

broken to the downside - using the limits above to catch the falling knife - everyone reading this is long term bullish about litecoin so if you're like me you want as many littecoins for when we return to the ATH and beyond :)

Comment:

Litecoin getting dragged back up with Daddy Bitcoin ...big resistance at €176.44 - starting to look more bullish....bears will join sides if holds above €185

Comment:

LTC needs to hold the line here - otherwise we could see a big sell off

Bitcoin stability will be the key factor

2 IF statements seen below ......high % we keep going sideways.

Always wait for the breakout before making your entry and exits

Comment:

LITECOIN FLASH SALE:

Will the 3 descending peaks play out for a second time in a row!?