LTC's neck on the line?
Updated
There is a Head and shoulders pattern forming on LTC with the neckline at the green level that I plotted in the charts along with the right shoulder being smaller than the left indicating the downside is going to be huge. I suggest traders keep this in mind linking it with the Bitcoin price movements, if the correction reversal in BTC doesn't happen by October 2nd week we might see LTC break the 30$ and fall even lower.
Note
Forget this chart it wont work the target is 0 then so lets forget itNote
*Sorry my bad its not negative just too low to be true.
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.