LTC fails at pivot point

So far LTC has found a strong rejection at 50% of the potential 1.618 fib extension of the move from 72.50 to 84.50 (88.27), after rallying to the complete potential target of the bullflag breakout.

In alignment with the BTC idea I published earlier today, I think we're going to complete the H&S-ish pattern outlined here in black, and revisit 81-82. A close over 88.5 would scramble this idea. A close over 90 would likely send us to 92, then 93.50 and then 96.

Measure twice, cut once.
May all of life's treasures be yours.
Chart PatternsTrend Analysis

Penafian