Updated

ltc/btc

...

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

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.

ltc-joe