nagihatoum

Bullish bat pattern and support by channels, LTCUSD

Long
nagihatoum Updated   
BITSTAMP:LTCUSD   Litecoin
A reflection of a downward channel support with a completion of a bullish bat pattern. This might turn super bullish. Other Analysts that use moving averages, support and resistance levels are very bearish on LTC. I prefer channels and trendlines, price action usually reflect of them more often than fibonacci levels. Let's see how this play out.
Trade active:
Pattern morphed to bullish butterfly, and bottom is reached imo as RSI also bottomed.

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