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Cincottitrader

Head and Shoulders Formation

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Litecoin / Tether USD (POLONIEX:LTCUSDT)  
Cincottitrader  
POLONIEX:LTCUSDT   Litecoin / Tether USD
Trend Analysis Chart Patterns Technical Indicators
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Like I stated in my previous idea, bear market has not consolidated yet. Historically after a bear market there is a mid to long term consolidation process. There is no bull market yet, regardless of fundamentals. Big whales are dumping on noobs and that is it. Price is being manipulated.

Head and shoulders formation, expecting a bounce at 137 level.

Volume is decreasing.

MACD losing momentum.
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