HorseyTim

LTC - Will fall out of bullish channel soon.

Short
HorseyTim Updated   
BITFINEX:LTCUSD   Litecoin
BTC has fallen thru its bullish channel. I think alts will also soon follow suit.

Time to short local resistance and I anticipate lower highs and lower lows.

But watch out for that support target. We might bounce off it.

For a possible small long entry and reshorts later.
Comment:
Hmm.. a bit risky since BTC has golden crosses and i've been reading about them ad nauseum
Comment:
updating entry point.
Comment:
Cancel shorts on LTC for now. Big 4hr bull divs on BTC. best play it safe
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