LTCETH broke out and people seem to be taking their profits
It did a breakout, but it didnt seem to capture peoples interest. This may have been a forced breakout to attract buyers. most breakouts in this fashion are Fake Breakouts
Dagangan aktif
dun dun dun!!! and there she goesNota
now this looks more like a Reversal pattern.Something like a Triple Bottom, Inverse H&S, Flag, although a Flag is a Continuation pattern and not a Reversal pattern in some cases it will Reverse it.
Now we wait and see which side it breaks out in. also watch for Volume.
Think of Volume as Votes - Sasha
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.