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clever_trader
Mar 22, 2021 2:21 PM

LTCUSD H&S Formation 

Litecoin / DollarBitfinex

Description

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NO trade until confirmation.

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This is just an idea, not financial advice.

Trade active

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Breakout Identified

Trade closed: target reached

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Beautiful Trade
Comments
geekpe
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my bet is for the 180 option....
clever_trader
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@geekpe, Thanks mate for your feedback
geekpe
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@clever_trader, i said...
CrypticRaptor
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I don't necessarily agree with the right shoulder, no clear peak. We do see a ascending triangle though, which was a continuation to the downside. We have quite a few other confluences at this current price point including the 0.382 fib and 4 touches as resistances and 8 touches as support. Big move incoming no doubt! A double bottom at 0.618 (~170$) to send us to 300+?
geekpe
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@wasmuncp, if this go 170 next is 150usd this time could go to 100usd range (low)
i not think other bounce of 150 to 200... the fomo is over.....
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