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Litecoin / Bitcoin
Short

LTC/BTC Inverted H&S in play.

By ssari
Updated
The picture tells the story.
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Trade active
Stuck on this main resistance?
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Trade active
Moved up to the next resistance reached...can it pass it?
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Note the pattern for LTC\USDT
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High overview of LTC\USDT
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Now the LTC\BTC pairing. I have not seen, if I recall that both BTC and USDT pairing complement each other. It can only say one thing, LTC is bullish. My guess is that the Halving (approaching soon) is responsible...
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Trade active
For LTC\USDT, target reached.
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We have reached the LTC\BTC target and passed it based on the HS. LTC has neared its peak (RSI indicator on the daily) and hence probably better off with BTC (safer). I have a feeling BTC has one more shot at 9400. Refer to the next post coming.
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Trade closed: target reached
It seems LTC has done fantastic based on % increase since the bottom. If you caught the bottom and did nothing, you would have x5 gains at this point.
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Trade closed: target reached
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Chart PatternsHarmonic PatternsLTCLTCBTCltcbtcshortTrend Analysis
ssari
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