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LTCUSD head and shoulders?

Mainly for rep, but you can see a head and shoulders pattern indicating short term drops as low as $30. With coronavirus around even though India and South Korea are on board now I imagine we will not see a strong support until after May 2020.

If you try to buy the dips make sure you set <3% stop losses to limit the damage for you day traders out there.

We may see small retraces but nothing over 5% on the daily.
Chart PatternsTrend Analysis

Feragatname