LTC Daily

6 Mar 2018

Last few days has resulted in a H&S pattern resulting in a bearish movement. We broke the trend on Febuary 5th and formed higher lows and higher highs. We then broke bullish on the 14th reaching local ATH at 250 ish, consolidated after for the last week or so. The must hold level for the bulls is $184 ish, any low closing above this continues the trend and we can look for the bulls to gain support. The minimum level after the H&S is $194, the price action is right around this at the time of writing.