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urbanknight

Bear flag LTC Target 180-190

Short
Litecoin (BITFINEX:LTCUSD)  
urbanknight Updated   
BITFINEX:LTCUSD   Litecoin
Chart Patterns LTCUSD LTC FLAG Bearish Patterns Bearish Flag flagging
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chartpattern ltcusd ltc flag bearish bearishflag flagging
I see a bear flag forming here with a target around 180-190.
*I'm still learning don't take it as advise to trade I may completely wrong
Comment:
The flag breakdown
Trade active:
it may not go down all the way to 180 range due to the strong support around 200$
*if BTC go down< it will drag LTC down with it.
Trade closed manually:
Strong support here around 204
Comment:
The support is broken now don't buy until you see a strong reversal signal (breakout) it may go down more.
Comment:
We have another smaller bear flag here may take us farther down
Trade closed: target reached
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