Litecoin going down

Updated
In the 4h chart it's clear a bearish flag, with LTC price that will probably touch the 100 EMA in the same zone of 61.8 Fibonacci retracement. Good coincidence, isn't it?

This is the overall picture.
snapshot
If the 100 EMA does not work as a support line, expect Litecoin to touch the white drawn support line.
Note
PS: This is a short term analysis
Trade closed: target reached
Told you
Chart PatternsTechnical IndicatorsLitecoin (Cryptocurrency)litecoinbitcoinlitecoinbtclitecoinforecastlitecoinpredictionlitecoinshortLTCLTCBTCltcshortTrend Analysis

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