This Litecoin reverse Head & Shoulders Pattern resembels others like XMR and DASH.
If one breaks out, I think they all break out to the upside.
In Litecoin, if we pop over the neckline at 280, then I think we have exstended upside to the 161.8% retracement of the head at 331. Then the measured move of the head at 366
The trade: Long over 280 Target 1: 331 Target 2: 366
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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.