Hello Friends,
Here on this chart we can see that LTC has formed and confirmed a H&S pattern. I had mentioned a large cup and handle on a previous post with expected price moves but indicated that I didn't believe that the pattern was going to make such a bullish move given the fact that there are many bearish signs and different bearish patterns.
In another light patterns can change as can the market sentiment. The price action will dictate the outcome and for me I like to try and stay in tune with what others believe and then go against the grain. I also like to watch the long and shorts and take it from there.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Here on this chart we can see that LTC has formed and confirmed a H&S pattern. I had mentioned a large cup and handle on a previous post with expected price moves but indicated that I didn't believe that the pattern was going to make such a bullish move given the fact that there are many bearish signs and different bearish patterns.
In another light patterns can change as can the market sentiment. The price action will dictate the outcome and for me I like to try and stay in tune with what others believe and then go against the grain. I also like to watch the long and shorts and take it from there.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
