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Chartoholic
May 28, 2020 11:09 AM

Short setup on LTCBTC Short

Litecoin / BitcoinBinance

Description

After missing the second target of the falling wedge by few points, LTCBTC formed a bearish H&S that is now targeting 0.004615 to 0.0046 level
Short on retest of broken neckline at 0.00476 with stop at 0.00483

Trade closed: stop reached

Comments
Kot_z_Dojazdowej
Hey :) sorry but where you see head and shoulders?? I see Just one head, one shoulder and bullish overcome at 1W :)
Chartoholic
@Kabani13
Hey ;) not sure we r talking about the same frame. Anyway on 1h time frame as u must have seen, LTCBTC did slide to 0.004646 very close to target 🤷🏻‍♂️
Kot_z_Dojazdowej
@Chartoholic, oh shit :) my mistake :) that is good TA :) and you nailed it. You was right, Ive had hole in my head and mistake time frame. Otherwise Im bullish at long position (months), what you think about it. Your TA Give us new HL :)
Chartoholic
@Kabani13
The current weekly candle looks great, we should be ready for a good run
Kot_z_Dojazdowej
@Chartoholic, im in from 0,0046 :)
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