Flag forming here. 2 strikes on the lower parallel signifies this is still hot. It's till a buy so long as the lower parallel holds up now. It's another buy/add when the upper parallel is broken on upside
yep I agree, great days in crypto, litecoin has definitely fattened my wallet now looking forward to the next run up. im personally expecting 700ish then more consolodation.
hedgerowtrader
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@Valraven, Near 700 also predicted by our wizardly friend Haejin Lee on Youtube.
msb217
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That also looks like a head and shoulders might be forming, however, I think it has the potential to test 500$
varil_shmoney
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@msb217, in the next few days indeed I think the same just HODL...
Cdglax1000316
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@msb217, One man's head & shoulders is another man's flag...
sumastardon
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@Cdglax1000316, Ugh? That was never a head and shoulders, was it? Way too vague. Bitcoin had a great little head and shoulders yesterday with a 350 downside target met perfectly if you check the chart. That was a real head and shoulders and a real result as a consequence. imo
Inct73
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The angle of the flag is around 45o, still a flag?