If litecoin is the leading indicator, it all looks bearish to me
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 wellTrade active
target 58Note
stop down to 65Note
stopped out 65, profit 10 per litecoine...
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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.