#LTCBTC - A Small but Profitable Short

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#Litecoin has recently reached new highs and has been ranging in the upper band since late last year. We appear to be consolidating within tighter ranges recently and can see a small but profitable drop to meet the ascending trend line.

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We didn't quite make it to the trend line just yet - but there's still plenty of space here to get that downward move in!
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Well this fresh downward move broke below trend support and then some!

We don't mind being incorrect when our expected profit has more than doubled
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As #BTCUSD exploded up in recent days, it looks as though #LTCUSD didn't as this chart of #LTCBTC has dropped and then some!
Chart PatternsTechnical IndicatorsLitecoin (Cryptocurrency)litecoinshortLTCLTCBTCltcbtcshortltcshortTrend Analysis

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