LTC MASSIVE HEAD AND SHOULDERS ON 1 DAY CHART

In my last analysis I pointed out the head and shoulder formation on the hour chart, then checking the one day charts found the same formation on a much larger scale. The 1 hour H/S formation is a possible validation of the right shoulder of the H/S on the daily chart and will drop LTC to the $10 range at the very bottom of the downward channel. Validating the channel.

I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.


Thanks so much for reading my analysis, please follow me and like my post!

- Max K.