BTCE:LTCUSD Litecoin / Dollar
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,, 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.