LTC Breaking above tan invh&s neckline, right on goldencross

I have the weekly chart timeframe selected here simply because I needed to expand the timeframe on the chart to be able to fit both inverse head and shoulders patterns and their respective breakout targets in the frame. Wanted to put the timeframe on the daily chart so. Could show once again how these recent crypto pumps have all being launching on the exact day that the Daly golden cross occurs. I will post. Daily chart version of this as well that zooms in on the golden cross and subsequent priceaction and link it below. Anyways it looks like on this 2nd breach above the tan neckline that Litecoin is likely to finally trigger a breakout ths go around. If so the highest measured move target is in the 170s here, and reaching it will obviously also allow us to hit the white inverse head and shoulders breakout target too on the way there. In order to ensure that price acton doesn’t dip back below the tan neckline for a second time, it will need to flip the weekly 200ma(blue line) to solidified support once that happens I think it will definitely confirm the breakout at that point. Alt season has officially began! *not financial advice*

注释

The golden cross. Was speaking of on the 1 day timeframe and the immediate impact it had on priceaction:

Yet another golden cross spring board in the alt market

注释

First inverse head and shoulder target hit with exact precision!

交易开始

Clicking play on the chart idea and you can see how well price acton is climbing p the dotted tan emasured move line here. Very slowly but still making its way methodically to the 2nd highest target none the less

注释

Another great thing about this chart the current weekly candle retested the tan neckline with exact wick precision.

DrDovetail