LITECOIN: LTCUSD Flag pattern = continuation higher likely soon
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LITECOIN: LTCUSD
Litecoin is in the process of making a flag, signalling that his
period of weakness is just continuation before LTC pushes
higher still. Two strikes on the lower parallel spells HOT.
Buy on dips now back to 92 and add when the upper parallel is
broken on upside for momentum burst into new high ground.
Stops under 92 and under the upper parallel when broken on
upside for 2nd long from there
Litecoin is in the process of making a flag, signalling that his
period of weakness is just continuation before LTC pushes
higher still. Two strikes on the lower parallel spells HOT.
Buy on dips now back to 92 and add when the upper parallel is
broken on upside for momentum burst into new high ground.
Stops under 92 and under the upper parallel when broken on
upside for 2nd long from there
Note
LITECOIN Flag..bullish above 92...buy with stop below 91 for small loss if wrong...2 strikes on lower parallel =hot hot - so long as 92 holds now...
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