Trader-VincentH
Short

LTCUSD : Head and Shoulder Pattern, Consolidating Near 63

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
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In my previous post with this nearly same chart, price rallied on rocket from 49- 70 level just in 2 days.

On hourly chart, momentum runs out temporarily, H & S pattern formation with the left top near 66 level.

See if price can get support by 55 ma and may face a correction if fails to hold 63 level, heading to 57 alternatively.

Other ideas on cryptos as below, still valid from my view, since I'm alwayst holding my opinions consistently until significant changes occurs and prove me wrong.

Good luck and trade cautiously.
Oct 17
Comment: Under pressure with the rebouncing of buck,heading to 57 for support
Oct 18
Trade closed: target reached
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