Litusd update
As you can see the inverse head and shoulder pattern is forming nicely and we're heading to the neckline to form the right shoulder.
I would be cautious because of the current situation with bitcoin closing bellow the trendline and confirming negativity by forming a lower high on the 4h TF
so i am expecting a pullback on the market as a whole and would personally take profit at the 0.99 to 1$ level for Litusd
Not a financial Advice
DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.