Head and Shoulder Formation
With Trump pulling the plug on War, we see how the LTC and BTC markets are news linked.
And now we have a head and shoulder formation, quite a nice pattern has formed and a clear path to short to 32.16.
But this being the market it is, I will not be making any clear plans to enter a Short until i see a clear conformation.
On the upside this H&S could fail and we move up to 40. If we do see a bounce from the green support line we are at now I will not be entering a trade until we reach 35.
Don't follow my advice as i'm still learning, do your own research.
Please leave alike it free for you and it encourages me to keep learning.
Wolf
I see we have a move up as i'm writing this.
And now we have a head and shoulder formation, quite a nice pattern has formed and a clear path to short to 32.16.
But this being the market it is, I will not be making any clear plans to enter a Short until i see a clear conformation.
On the upside this H&S could fail and we move up to 40. If we do see a bounce from the green support line we are at now I will not be entering a trade until we reach 35.
Don't follow my advice as i'm still learning, do your own research.
Please leave alike it free for you and it encourages me to keep learning.
Wolf
I see we have a move up as i'm writing this.
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