jpbrown1023

LTC- June will be good for Litecoin

BITFINEX:LTCBTC   Litecoin / Bitcoin
Looking at the daily chart, LTC finds itself in pennant getting tighter by the day. June 1st looks to be the completion of the pennant if it takes that long. It also has an inverse head and shoulders pattern. A break from the pennant will likely finish off the right shoulder. With a head height of .016, the target will be in the .04 area. Look below for another fun 4-year inverse head and shoulders idea in the making.
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