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Litecoin
Short
Updated

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

103
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
Note
stop down to 65
Note
stopped out 65, profit 10 per litecoine...
RonArnhard
Chart PatternsWave Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsWave Analysis
RonArnhard

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.