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bilo2000
Feb 22, 2018 3:17 PM

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

Litecoin / DollarBitfinex

Description

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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