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Mronejr

H&S ON $LTC & BEAR FLAG ON $BTC

Short
Litecoin (COINBASE:LTCUSD)  
Mronejr Updated   
COINBASE:LTCUSD   Litecoin
Head and Shoulders Litecoin (Cryptocurrency) LTC LTCUSD LTCUSDT litecoinusd Cryptocurrency Contains image
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headandshoulders litecoin ltc ltcusd ltcusdt litecoinusd cryptocurrency containsimage
$LTC has formed a H&S pattern in the daily time frame while $BTC is in a bear flag near support line bounced a little bit up. Fed will raise interest rate starting from May which is a very bearish sign for the stock market! Nasdaq is positively correlated with Bitcoin.
In a nutshell, cryptocurrency market depends totally on the US stock market.
For this $LTC scenario to play out we need this $BTC move:
snapshot
Trade closed: target reached:
Congrats :)
snapshot
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