SHORT LTCBTC twin pattern

in #bitcoin5 years ago

QQ截图20190310123453.png
At previous analysis, we have flag pattern , with 43% profit projection, and now we almost reach our target.
this morning I close my position earlier because we indicated a new bearish pattern for pullback.

In this idea, we can see 2 identical bullish flag pattern with same scenario :

  1. Flag resistance breakout and perform small double top
  2. Reach expanding channel resistance

Right now, we still have no bearish sign.
But if bearish perform in next few hour, we have new support at 0.01167267

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