Litecoin Daily Dose 3/21/19

Litecoin has been a little tricky to trade and since I’ve closed out my short at 60ish I haven’t reentered this trade. It’s currently trading around $59.410 at time of writing but I am still expecting a drop. It might bounce here but according to my rising wedge I think any bounce here is detrimental to its price. I originally had a short position set for $68 but am reluctant to believe it might even reach that level. I think the safest bet is to wait for LTC to drop to $38-$43. A semi-safe bet is to re-long at $48.50 but I will have to see how this price action reacts to my yellow EMA line. I am currently flat but if LTC does hit $68 I think I would have to seriously considering shorting again.