kunal00

LTC - Base Breakout Pattern triggering

Long
COINBASE:LTCUSD   Litecoin
LTC which has been one of the most decimated of coins and frankly just a huge terd since its 400 top is finally showing some signs of life.

Here we have in old school technical terms an inverse head and shoulders on its daily chart.

Your starting to see a series of higher lows after it made its bottom in the low 20s.

We are starting to test horizontal trendline resistance.

The action in cryptos has been good. It is good to see ETH and some other coins decouple from BTC. I am currently not in this. waiting for a dip on the 15 minute chart and setup and then break of trendline on daily.

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