LemkeCapital

LITECOIN H & S PATTERN 5/20/2020

KRAKEN:LTCUSD   Litecoin
I have been out of all long positions on Litecoin since I exited at $49+/coin.

Right now I am watching looking for opportunities. Currently there is a Head and Shoulders pattern formed along with the descending trendline which would make me believe price is still pretty bearish.

Will be looking for position entries in my highlighted areas.

5/20/2020

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