I'm going out on a limb here to say that if LTC closes the next 4-hour candle above $169, it will have broken the downtrend that initiated on February 20th. It will also have completed the iH&S pattern that is very clearly defined.
From there it would make sense to mosey on up and retest resistance at $190, and having cleared that, onward and upward!
But I'm no expert. What do you think?
From there it would make sense to mosey on up and retest resistance at $190, and having cleared that, onward and upward!
But I'm no expert. What do you think?