Hinnakk

Head 'n shoulders appearing with LTC daily !?

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
The latest candle hasn't finished yet to define the begin of the right shoulder.
Also I'm not sure if the Neckline may increase with the classical 'Head 'n Shoulders' Pattern.

Nonetheless, if 'Point A' gets crushed, I would be very careful. It could be the begin of a long term downtrend.

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