$LTC/$USD @Coinbase (Head and Shoulders)? Bullish Divergence!

LTC Head and Shoulders Pattern, but you are at critical support at the bottom of the fib channel with Bullish Divergence. Measured move of the Head and Shoulders Pattern could take you to like $15 or less. But again, you have bullish Divergence on the daily time frame and you just happen to be at the bottom of the fib channel and at critical support. Honestly, I view this as a great long opportunity at the price we are at. You aren't really seeing follow through price action breaking the channel although you kind of are retesting it atm. I don't think it's likely we'll see much lower prices as you are showing a lot of bullish Divergence

עסקה פעילה:

Bullish divergence played out, but this overall bearish pattern is still real