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LTC - Will fall out of bullish channel soon.
Litecoin
Short
LTC - Will fall out of bullish channel soon.
By HorseyTim
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Updated
Feb 21, 2020
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Feb 20, 2020
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.
Feb 20, 2020
Note
Hmm.. a bit risky since BTC has golden crosses and i've been reading about them ad nauseum
Feb 20, 2020
Note
updating entry point.
Feb 21, 2020
Note
Cancel shorts on LTC for now. Big 4hr bull divs on BTC. best play it safe
Trend Analysis
HorseyTim
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