cheesetoast
Long

Litecoin about to pump

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Another bullish flag pattern, this time on Litecoin.

This pattern has high probability of reaching the profit target should a break above Point (B) occur.

Use STOP-LIMIT order to catch the move and place stops below Point (C) when in a position.

This is my FAVORITE pattern to trade in a BULL trend.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade active
Trade closed: target reached: Easy trade. It is tempting to leave partial position on in case this bull run has legs.
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