LTCUSD Short idea, H&S pattern. Daily trendline possible broke
Diupdate
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
Catatan
Bigger picture Catatan
Weekly candle closed in red, and it's look like "Spinning top" looks dangerous for LTCTrade aktif
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 trendlineCatatan
Huge volume on breaking support, means, that now we have strong resistanse at that point
Catatan
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.Catatan
Testing neckline right now. Catatan
Good oportunities to add some shorts. You cat set stops above neclineTrading ditutup: stop tercapai
Stop was reached after breaking neckline. Looks like LTC have some more fuel.
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