LTC falling wedge. Drop to 238 and then test 250 again Long

Litecoin / DollarBitfinex

Description

⋅ Feb 20, 2018 5:37 PM

LTC has formed a falling wedge. Looks like we will drop to 238 before testing 250 again. If we break through 250, should get to 280.

Opinions welcome.

Not advice just a newbie's observation.

Trade closed: target reached

⋅ Feb 21, 2018 2:29 PM

We came close enough. LTC did drop to 239 and then bounced back to 249.

Shame I couldn't see the drop coming. Hopefully will get better with more practise and experience.