We have a small but completed H&S pointing to $175ish and a smaller but completed triangle break out targeting $238, which would put us into another bull run. Wait for confirmation on this one cause it could get nasty!
Yorum:
Look to the total crypto market cap to decide this one; currently at $482.3B.
Yorum:
Per my initial comments, the small triangle break out would have put LTC on top of the developing bull flag and signaled a strong breakout through the current uptrend channel. This clearly broke down pointing to a larger but still minor H&S pattern targeting the bottom of the uptrend channel. We are looking for a breakout and confirmation above the flag ($235) OR a breakdown and healthy bounce off the bottom uptrend channel to continue this bull trend ($175+).