LTC Started the Crypto Christmas rally, will they lead the way?
LTC has seen some heavy accumulation over the last few weeks and has formed a VERY well structured inverse head and shoulders pattern.
The targets for a head and shoulders pattern is typically measured by taking the distance from the head to the break of the neck line, then taking that same distance from the break of the neck line to a target.
This just so happens to line up with orders that need to be squared up.
Is LTC going to lead the way again?
The targets for a head and shoulders pattern is typically measured by taking the distance from the head to the break of the neck line, then taking that same distance from the break of the neck line to a target.
This just so happens to line up with orders that need to be squared up.
Is LTC going to lead the way again?
评论:
This was very lazy analysis and i apologize for that. My intention is to become much more active on TV, and put out more comprehensive analysis.