Currently LTC could be forming the right shoulder of a very bullish inverse head and shoulders reversal pattern. No one can predict how low the right shoulder will go but it would be an extremely bullish formation if it was a higher low than the left shoulder. A breakout from the neckline of this pattern would correlate with a breakout of the current downtrend...
Now I know I am always looking at the smaller time frames as opposed to the larger time frames, but I believe you can pull lots of information out of a chart when you zoom in. As you can see, LTC has broken the last bull flag and has started to trade in another bull flag. If LTC were to make drastic moves upwards, like the move back in December, then you can...
LTC has just broken out of the Bullish flag formation that it was trading in for the past few days. Congrats to everyone who bought in before. We can all watch her SOAR together!
First time posting an idea, just want to record my thoughts here. LTC showing much strength on the 15 minute chart accompanied by great volume. Currently painting a beautiful picture of a bull flag... If broken I expect the price of LTC to make a parabolic move up to a new ATH especially with the upcoming litepay news. Watching very closely. Let me know what you...