LTC USD descending triangle...........short away!

24 באפר׳ 2018

LTCUSD

Descending triangle which is an indicator of downward pressure. Current price is 164.......overhead resistance 177. How many times have you had a great setup that you didnt take because you missed your entry by 1, 2 maybe 3 percent? This is an excellent risk/reward scenario with initial downside target of 105 which is solid underlying support. If the pattern truely holds to form, we should drop like a knife with second target of 71.