here seems to be a large head and shoulders pattern forming on LTC/USDT, if we break below the chanel ltc has been trading in for over nearly a month.
I'm speculating we will see a retest of somewhere around $190 & thats where ill be seeking a long position entry.
Untill then i will wait and see how this one plays out, these are just my thoughts and created for...
48k may be our resistance for some time now.
we could be getting a bounce off of ~43k ... will go long if we give 43k a retest and it continues to trend upwards will check back in tomorrow.
this is my first post here, i am very new to technical analysis any tips would be much appreciated...so correct me if i am wrong but this seems to look bullish to me is this wave is anything like we had at the beginning of the month this could be roughly 30% price increase, possibly by the end of the month ? let me know in the comments, thanks
