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urbanknight
Feb 21, 2018 11:02 AM

Bear flag LTC Target 180-190 Short

Litecoin / DollarBitfinex

Description

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

Comments
Pupito
On 4hr /daily big bull flag
urbanknight
@Pupito, yes for long term, i guess it will take us to 400+ unless BTC drag LTC and all alts with it down
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