LTC: bearish view - failing wedge?
To complement my bullish scenario, I offer you a bearish view: Be aware that LTC might actually break down[/i ] from the falling wedge, as it already did in February (see fractal), having us revisit the $100 zone. G20 news could be a possible catalyst.
Trade carefully!
(General bear market advice: Longs are risky. If in doubt, be neutral / sidelined or short the tops.)
Trade carefully!
(General bear market advice: Longs are risky. If in doubt, be neutral / sidelined or short the tops.)
Order cancelled
Broke up the wedge, bearish scenario invalidated. See my other scenario for target levels. 
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Disclaimer
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.