LTC good chance to beat higher high from 5th of April
It is quick review of recent LTC price movement. It seems to me that LTC created very nice not perfect but still upside-down head and shoulders formation on 4H chart. What is important here this formation is combined with significant round number which is 10$. I marked with orange tick big bullish candle which is good signal for further gains. When big bullish candle like this appear on the chart its lower part of body is treated as support which is here somewhere around 9.90$. Price could go below it for short period of time but there is good chance that 200 ema will push it back on track and price will reach new highest high. If the price will go lower I would wait for hammer with long shadow.
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