Red circles show that the flags are nearly identical in shape. Before LTC rally to 69.8 we saw the same flag. We are sitting on the next ride up to complete the second smaller flag and then the smallest flag a total of three flags. That is what it looks like. If Bully BTC doesn't get in the way, here is the likely path.
This trade will be valid if the trend continues. Close trade if LTC goes lower than 62.
TARGET 1: 70-72
TARGET 2: 77-80
Retrace to upper 60s
Happy Trading LTC fans.
This trade will be valid if the trend continues. Close trade if LTC goes lower than 62.
TARGET 1: 70-72
TARGET 2: 77-80
Retrace to upper 60s
Happy Trading LTC fans.