We have an inverted head and shoulders formed inside of a potential double-bottom or W formation. If this plays out, Litecoin vs USD may soon triple in value up to ~$177-179.
Breaching above 177-179 with a successful re-test would confirm the double bottom and could lead to massive upside beyond that.
Breaching above 177-179 with a successful re-test would confirm the double bottom and could lead to massive upside beyond that.
Note
Line chart confirmation of HSi w/ successful re-test (thus far):Note
We hit our TP 1, if we can get and stay above it, next stops are around 100, 146:Note
Another potential stop could be around 93 usd if you look at where we previously broke through before heading to 146Trade closed: target reached
All targets reached
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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.