לייטקויןלונג
LTCUSD Inverse Head & Shoulders
Clear to see there is the potential for this head and shoulders pattern on LTCUSD to play out. I am looking at it on the 1hr time frame.There is still room to go lower and it will fit the rule.
The key for me here is we have a higher high for the end wave of the head, and a currently holding a higher low compared to the left shoulder. Theses 2 things need to stay true for me to consider this pattern valid. Key level to stay above for the pattern is 149.77, so like I said plenty of wiggle room. Don't get caught chasing.
Per my system I am getting a sell signal here a few hours ago, but the last signal was a weak wave down giving the upper edge to the bulls.I currently hold a small swing position from 158 that I am looking for the 170's to take some profit. Thank you for viewing!
The key for me here is we have a higher high for the end wave of the head, and a currently holding a higher low compared to the left shoulder. Theses 2 things need to stay true for me to consider this pattern valid. Key level to stay above for the pattern is 149.77, so like I said plenty of wiggle room. Don't get caught chasing.
Per my system I am getting a sell signal here a few hours ago, but the last signal was a weak wave down giving the upper edge to the bulls.I currently hold a small swing position from 158 that I am looking for the 170's to take some profit. Thank you for viewing!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.