LTCUSD Short idea, H&S pattern. Daily trendline possible broke
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BTCE:LTCUSD
I believe LTC have a bright future, but right now hype about SegWit is over.
Big players are quiting.
Breaking Daily trendline and $25 treshold will be complited H&S pattern, which means minimal $13 dump, I expect $12.7, may be deeper
I believe LTC have a bright future, but right now hype about SegWit is over.
Big players are quiting.
Breaking Daily trendline and $25 treshold will be complited H&S pattern, which means minimal $13 dump, I expect $12.7, may be deeper
Nota
Bigger picture Nota
Weekly candle closed in red, and it's look like "Spinning top" looks dangerous for LTCTrade attivo
Sad for litecoin, we are braked the neckline of H&Sand pattern is accomplished, and now seems it should go deeprer, i excpect retest of neckline, and then broking of daily trendlineNota
Huge volume on breaking support, means, that now we have strong resistanse at that point
Nota
I expect bounce somewhere near to 0.382 fib, then retest of neckline. But be careful, it's dangerous to go long on bear market, better open new short on peaks.Nota
Testing neckline right now. Nota
Good oportunities to add some shorts. You cat set stops above neclineTrade chiuso: stop raggiunto
Stop was reached after breaking neckline. Looks like LTC have some more fuel.
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