LitecoinLong
Litecoin Showing Bitcoin what to do.
Updated
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.
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.
Note
I have hedged all my positions until ethereum classic double spend issue is out of the way.
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