Haceru

LTC - head and shoulders

Long
Haceru Updated   
BITSTAMP:LTCUSD   Litecoin
The same formation like BTC thus I expect the right shoulder to form just before the Bitcoin`s hard fork on the 28th however I think it will be at a lower level than the left one (maybe around $320).
Comment:
Few hours later we are at the "battle" point between the uptrend channel and the resistance at $284. If it breaks out successfully, it should follow the channel up to the desired target. Some volume wouldn`t hurt either :)
Trade closed: stop reached:
Price fell under $250, meaning going way down.
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