LTC has broken to the upside out of the Inverse H&S. A much clearer, clean chart than Bitcoin.
61.8% retracement of the move down = target of 43$ Target of H&E = target of 43$ 1.61 Extention of the H&S = 40$
Technically you could wait for a better entry in terms of risk,waiting on a retracement to the neckline if you wish to be risk averse. Im long from the breakout.
My position on BTC has not changed, Is linked below.
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I have hedged all my positions until ethereum classic double spend issue is out of the way.
I have hedged all my positions until ethereum classic double spend issue is out of the way.
JokerIII
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I think that movement can trigger a big H&S inverted formation...
TradeIndicators
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This is exactly the same resistance area we're looking at for a bull run-up. We received a long signal alert this morning and we're up about 4.72% this morning and I think we will keep going.