Besides from what my chart already says, let us talk about the head and shoulders:
- The possibility has been most likely broken first of all, there is no third peak
- 3 Uptrend movements suggest an even higher uptrend, and of course there is a fall for price correction
- More clear movement into accumulation, hoping that the support doesn't break
More of my thoughts:
- A wick past the red support is expected, and needed, but the green should be the basis of it's price for it's accumulation period.
- I honestly expect a test on the yellow, if it bounces right off we're good for the green, the uptrend before will overshadow the head and shoulders possibility
- Hoping for a falling wedge pattern
- Due to BTC's gaining higher and higher supports, thought they aren't strongly correlated, BTC is king
My final claim:
- LTC to the moon in a few months :)
- The possibility has been most likely broken first of all, there is no third peak
- 3 Uptrend movements suggest an even higher uptrend, and of course there is a fall for price correction
- More clear movement into accumulation, hoping that the support doesn't break
More of my thoughts:
- A wick past the red support is expected, and needed, but the green should be the basis of it's price for it's accumulation period.
- I honestly expect a test on the yellow, if it bounces right off we're good for the green, the uptrend before will overshadow the head and shoulders possibility
- Hoping for a falling wedge pattern
- Due to BTC's gaining higher and higher supports, thought they aren't strongly correlated, BTC is king
My final claim:
- LTC to the moon in a few months :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.