ltc/btc

Updated

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Note

Here is the zoomed out view (1d) which shows what one could interpret as a messy H + S pattern. At the beginning of a new trend, the bears always think they are still in charge, and thus wave 2 of the trend can retrace very far, but as long as their are no new lows here we are looking good:

Note

falling wedge break out:

-also bullish divergence on 1d chart for macd, stochRSI, did not make new low

Note

while the inverse h + S pattern was invalidated due to the new low, this still looks bullish AF to me:

But the real moon doesn't begin until we break the blue trendline

ltc-joe

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