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ThinkingAntsOk
May 20, 2019 1:42 PM

LITECOIN -15% for this week? Short setup by ThinkingAntsOk Short

Litecoin / United States DollarCoinbase

Description

1H CHART EXPLANATION:

As we can observe, price is currently on a Head and Shoulders pattern after bouncing at the Major Resistance Zone. If price breaks it and consolidate below, we will wait for a pullback to the neckline of the structure to take short positions towards the Ascending Trendline.

4H CHART:

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