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gr8fultrading
Mar 24, 2018 12:11 AM

Litecoin to Break Major Trendline? Long

Litecoin / United States DollarCoinbase

Description

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?
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