LTCUSD - A Doomsday Prophecy; $9 Target

Updated
Hello Fellow Traders,

It is OK to laugh at this. This is an educational post. I am not trading based on this as it is very early days on this pattern, but if this unfolds then we would be looking at a very deep cut. A very deep cut indeed.

If this bear pennant unfolds then LTC's target price would be $9.

Feel free to comment.
Trade active
I took a commentors recommendation and sold it all. If it doesn't break out here there will be much blood.

snapshot
Note
It appears that we are on the way....
Chart PatternsCryptocurrencyLitecoin (Cryptocurrency)Trend AnalysisWave Analysis

Disclaimer