mo_chains

Litecoin Head & Shoulders Pattern on the daily

BITMEX:LTCH19   None
I am seeing a head & shoulders pattern on the LTC daily chart. If the daily candle closes like this, that would be considered to be a shooting star which is a bearish candlestick pattern.

I am looking at 3 possible targets here - setting a 10% stop loss

target 1 : 0.01167

target 2: 0.01117

target 3: 0.00983

setting a 10% stop loss


If it looks like it will break through 0.01167 hard then i will not take profit there and instead take a bigger slice out @ 0.01117





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