urbanknight
Short

Bear flag LTC Target 180-190

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
I see a bear flag forming here with a target around 180-190.
*I'm still learning don't take it as advise to trade I may completely wrong
Comment: The flag breakdown
Trade active: it may not go down all the way to 180 range due to the strong support around 200$
*if BTC go down< it will drag LTC down with it.
Trade closed manually: Strong support here around 204
Comment: The support is broken now don't buy until you see a strong reversal signal (breakout) it may go down more.
Comment: We have another smaller bear flag here may take us farther down
Trade closed: target reached
On 4hr /daily big bull flag
+1 Reply
@Pupito, yes for long term, i guess it will take us to 400+ unless BTC drag LTC and all alts with it down
+2 Reply
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