bilo2000

LTC H&s PATTERN COMPLETE AND CONFIRMED - NEXT TRAGET $180

Short
bilo2000 Updated   
BITFINEX:LTCUSD   Litecoin
THIS H&S FORMATION SEEMS TO BE AT DIFFERENT STAGES ON MOST COINS. BTC HAS ALSO COMPLETED AND IS ON ITS WAY DOWN.
Comment:
BULLS ARE TRYING TO REVERT THE EFFECTS OF THE H&S PATTERN. WATCH THE TESTING ON THE DOWNTREND NECK LINE AFTER THE BREAK. SEVERAL FAILED TESTS WILL SEND THE PRICE DOWN QUICKLY

Comment:
AND GOES WITHOUT SAYING THAT A STRONG CLOSE ABOVE THE NECKLINE WOULD BE GOOD NEWS FOR THE BULLS
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