Quick look at the LTC/USD pair on the Daily chart. There's a couple ways I'm looking at this, one being a giant bear flag which is the lesser of the two ideas, the other is just a sym triangle. Either way Litecoin is dangerously on that fine line whether it wants to plummet post halving or break above that 100-105 and set sails with Bitcoin. Place your bets and remember to always use proper risk management!
Similar looking chart and how it played out with ADA, food for thought.
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Similar looking chart and how it played out with ADA, food for thought.
Please Comment, Like, & Follow!
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Comment:
Not looking the greatest for Litecoin, expect more of a slow bleed downwards.
Comment:
Price making equal lows around $76, if you were short I'd take profits or even close the trade here.