InvestingScope

LTCBTC: Buy opportunity on Inverse Head and Shoulders.

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
LTCBTC is on a long term Inverse Head and Shoulders pattern on 1M. With 1W turning into a buy last week (Highs/Lows = 5.9589, B/BP = 12.3040), we have the first sign that the Right Shoulder has higher chances of being completed. The RSI (43.847) and MACD (-12.227) show that there is still much room for the upside and we expect this bullish sequence to hit at least 0.022110 with 0.034050 being the extension.





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
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.