etfsandstuff

LTC short

Short
BITFINEX:LTCUSD   Litecoin
Looking for a drop to the 15-18 dollar area. Target date APRIL 1 2019. From there i will look for a long entry at potential bottom.
Comment:
Bullish daily flag forming inside of bearish weekly flag. Stop loss set above high of daily flag pole.
Comment:
SL moved to break even just above newly formed pin bar and right shoulder of mini H&S pattern within bull flag oh 4H chart. Since we could not take out this right shoulder this further reinforces the bearish outlook on LTC
Comment:
Trade closed: stop reached
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