DrDovetail

LTCUSD wants to trigger an inv h&s breakout

Long
KRAKEN:LTCUSD   Litecoin
I want to wait until the retest of the neckline confirms solidified support and we have 2 consecutive 1 day candles closed above the neckline...but a big enough surge in volume might keep the retest from happening. As of now the breakout is not official but probability is currently heavily favoring the breakout considering BTC continued up and achieved a higher high on the 1 day. Only way I see this pattern not confirming is if the btc.d chart(bitcoin dominance) has a huge break upward and a lot of money from alts gets shifted over into btc.
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