RonArnhard

If litecoin is the leading indicator, it all looks bearish to me

Short
RonArnhard Updated   
COINBASE:LTCUSD   Litecoin
with a bearish cross of the 100 and 200 DEMA a few days ago, and the descending wedge on the daily, it looks bearish for litecoin and a fall to the .786 is likely. So i'm short with a stop above the descending wedge
Trade active:
short active , stop at 71, expect more downside since BTC broke trendline as well
Trade active:
target 58
Comment:
stop down to 65
Comment:
stopped out 65, profit 10 per litecoine...
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