LTCUSDT.P Has 3 Head and Shoulder potential with 3 scenarios.
1st it will touch the support area and reverse to downtrend
2nd it will pass the support area and retrace from 78,6% of Fibonacci level
3rd it retrace from 78,6% of Fib and make consolidation in support area
Or you can enter market on neckline (resistance line) when the candle has the momentum
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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.