Taumantis

LTC canceled Gartley with solid initial volume to 350$

Long
Taumantis Updated   
COINBASE:LTCUSD   Litecoin
LTC is a solid coin, accepted everywhere. We can see that false-gartley formation is broken with nice kick. LTC likes to form flags so we have two choices now, channel or flag.
Comment:
Instead of channel we can go with flag
Comment:
nice bouncing near resistance, sadly we did not hit the channel, but marked flaggs seems the same
Trade closed manually:
Trading for daily trader closed, a bounce is very possible on stop-loss
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