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RonArnhard
Aug 27, 2019 3:19 PM

If litecoin is the leading indicator, it all looks bearish to me Short

Litecoin / United States DollarCoinbase

Description

with a bearish cross of the 100 and 200 DEMA a few days ago, and the descending wedge on the daily, it looks bearish for litecoin and a fall to the .786 is likely. So i'm short with a stop above the descending wedge

Trade active

short active , stop at 71, expect more downside since BTC broke trendline as well

Trade active

target 58

Comment

stop down to 65

Comment

stopped out 65, profit 10 per litecoine...
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