Watchlist 27 | BTC, LTC | Stops were valid, bear flag on watch.

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Hey guys, thanks for checking out today’s update. I’m going to skim over BTC and LTC in this video, as that’s where much of the action is. I mentioned in some previous posts in the Discord server and my previous video that we’d have a good place to move our stops with BTC , and that played out beautifully with a dump down to the low 9000’s. Had you placed your stop loss properly, you’d be in the profit and would have been able to scoop up that oversold bounce by a purely reactionary strategy of watching the 5m - 15m timeframes. From here we have a bear flag and if we break the most recent bear fractal or break the triangle of this flag, we’ll see a bit more downside. Be ready to buy a panic-sold dip! The story is about the same for LTC, watch the correlation as one may act before the other.

Roti out.
I don't know if it is only on my side but your audio cut often.
+1 Reply
RotiWokeman Emperator
@Emperator, Bugger I'll see what's going on with that. Others have said the same. Thanks for the heads up.
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