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How big can the fall of Litecoin gonna be?

Short
BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Litecoin (LTC) is also unlikely to grow in a short-term case. The decrease since yesterday has made up 0.43%. On the daily time frame, the 'digital silver' is forming the Head and Shoulders pattern. In this case, the level of th Right shoulder will be at the mark at 43.25$. The probability of a decline is also supported by the bearish divergence on the RSI indicator, as well as, declining trading volume . Summing up, the bullish trend started since mid-March is about to come to the end.



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Comments

This is not a H&S bro... unless you look like this: https://i.imgur.com/4LYhlNS.png
+1 Reply
bhuynh2 moonsie
@moonsie, lmfao!! thanks for that laugh, and I do agree with you, funniest looking head and shoulders I've ever seen
Reply
Is the head not usually above the shoulders for H&S? Thanks
Reply
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