LitecoinLong
LTCUSD H&S forming + bullish convergence on the Daily
Possible H&S forming on LTCUSD pair if you don't consider the last little 'surge' as the second shoulder.
This means LTC is at a interesting price point to buy in with a tight SL to try and catch the shoulder up to the neckline around $98.
The support in case we drop down the support will be around $51 as the chart shows. Another support for this H&S claim is the bullish RSI convergence we are having on the chart (D).
What do you think?
This means LTC is at a interesting price point to buy in with a tight SL to try and catch the shoulder up to the neckline around $98.
The support in case we drop down the support will be around $51 as the chart shows. Another support for this H&S claim is the bullish RSI convergence we are having on the chart (D).
What do you think?
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.
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.