COINBASE:LTCUSD   Litecoin / U.S. Dollar
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6
LTC had a massive sell which in fact didn't compromise any significant lines. It still has a major long term pattern which may lead in weeks if not months of rising.

Current setup is a chance for LTC to revisit the first small resistance zone .

Comment:
Price still in tact with current structure. The small consolidation takes place.
There is a small confusion in my opinion that it forms "bear". Most probably the bears will try to break but I doubt to be a big attempt.

The direction is known! Long term buy!
Comment: I meant "Bear Flag" not just "bear" :)
Trade closed: target reached: My first target was reached!

Now I am closely monitoring for next trade target.

Comments

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