Inverse Head and Shoulders
On the weekly, we have a incomplete Inverse head and shoulders on LTC. For official confirmation the neckline must break and hold above it. Very similar pattern to what occured with BTC if you expand further out.
If the neckline holds the price target is
Height of head to neckline (price difference) X 2 = PT
Ps. Always set a stoploss
If the neckline holds the price target is
Height of head to neckline (price difference) X 2 = PT
Ps. Always set a stoploss
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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.
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.