INVERTED HEAD AND SHOULDERS @ LITECOIN
Folks,
Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now..
The overall trend is bullish but for a good buying opportunity you have to be a little patient.
I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity!
While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance.
But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware..
It can be the start of a three river evening star pattern... Maybe ;)
To be continued!!
Morning we see a Inverted head and shoulders on the 4 hour lite coin chart. Getting excited now..
The overall trend is bullish but for a good buying opportunity you have to be a little patient.
I want to see price rebound at retest $147.- or maybe even lower to have a good buying opportunity!
While writing the recent candle is becoming a form of a shooting star at a ' high price area' / known as resistance.
But still 1.5 hour before new candle starts so everything can change, still.. but just to be aware..
It can be the start of a three river evening star pattern... Maybe ;)
To be continued!!
Penafian
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