Investor_Maybach

LITECOIN coiling up a downward Momentum

Corto
BITFINEX:LTCUSD   Litecoin
After the crazy movment in the last few weeks i think LTC is finally driving in a normal price behavior..I'm very bullish in the long term but i think in the short term heading to the next few days to week we might see a downward BREAKOUT from the current wedge its holding. The rising wedge looks coiled up to break downward but i'd prefer to wait and look for that crazy candle break with side with a confirmation before entering..We have a strong probability of breaking downside though so we wait and watch market play...

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