Kazonomics

$LTCUSD Most Obvious Head and Shoulder on the 15 min

BTCE:LTCUSD   Litecoin / Dollar
185 4 0
Watch this for a break of the 21.69 neckline $ltcusd #ltc #litecoin.... looking for a buy from any lower prices cause from this to resume the larger trend off $9 toward $30
Oh yeah, and the bulls drew a cup off the right shoulder,
15M HS Resolution to Day Cup
, tried to rally that to squeeze that dollar off an augmented bounce. And the cup fails. Watching this closely. Cup rims exactly at the 3M HS neckline, on the smaller HS that makes up the right shoulder of the larger HS we see here in your presentation. So this larger HS, the right shoulder an HS, and then the cup off the short sleeve of the smaller HS. Bearish. I see us going back to the 16 - 17 channel, or lower over the weekend.
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Kazonomics PRO CryptoCoinSolutions
21.60 is the level...its been tested a ridiculous amount of times. If it gives way it will free fall thru 21 1st stop thru there should be 20. For now watching this support level its established
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That could be the channel, a new channel at $20 to go sideways and consolidate, while waiting for news on trickles of volume.
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Kazonomics PRO CryptoCoinSolutions
Yep its in a side ways channel. I think the timing of the holidays and closed markets has removed a lot of potential fire power that would have pushed this thing either direction
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