UnknownUnicorn6061584

LTC|USD - Ranging

Short
BITSTAMP:LTCUSD   Litecoin
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LTC is ranging and it's better to trade the breakout. Nevertheless we had a three black crows bearish candlestick pattern, which signals the breakout is likely to happen to downward.

So in case we have a confirmed breakout of the 40$ support we can go short

Pattern will be invalidated if we have a close below the last candle's low in three white soldiers pattern.

If price beats its local support on 154.40$ we can expect more downside

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