Litecoin LTC is Making a Head and Shoulders

Telah dikemas kini
Hello Traders,

Litecoin is forming an obvious Head and Shoulders. Validation of this chart pattern would be a break of the neckline with increased sell volume. If this happens then some targets are on the chart.
Nota
Every comment saying this is NOT a valid Head and Shoulders. A H+S pattern becomes valid on break of the neckline with increased sell volume. syot kilat
Nota
Epic neckline break. syot kilat
Nota
The 3.618 fib looks like a target to me. It lines up with the Daily 200 MA. syot kilat
Nota
When the price broke the neckline the moves down look impulsive so I am expecting 5 waves down. syot kilat
Nota
Got a wick in the box price range. syot kilat
cryptoCryptocurrencyEconomic CyclesFibonacciHead and ShouldersLitecoin (Cryptocurrency)LTCLTCUSD

Penafian