Litecoin Showing Bitcoin what to do.

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.

Yorum:

I have hedged all my positions until ethereum classic double spend issue is out of the way.