nagihatoum

LTC in a falling widening wedge

BINANCE:LTCUSDT   Litecoin / TetherUS
The previous falling wedge (orange) broke down unexpectedly. Situation is very bearish. There might be a pull back to the top resistance in purple. However if price fall down from this falling widening wedge expect around $22, the measured move of the bear flag in red.

It is a long for now, short on the macro time scale.

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