Litecoin / TetherUS
Long

LTC inverse head & shoulders - one of the strongest majors right

476
LTC is one of the strongest looking majors right now on the USDT chart.
100 MA turned into support
200 EMA just tested as resistance and flipped support afterwards
Appears to be making an inverse head & shoulders, breaking the horiznotal resistance would give a potential upside of over 25%
Target of the head & shoulders shows nice confluence at horizontal level

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.