Litecoin At the edge of a large H&S pattern
Litecoin is moving sideways, but it is on the edge of a structure that resembles a huge head-and-shoulders pattern.
A break of the current supports would drive the price to $60. That is unlikely though since supports seems to hold and there is volume in the bullish candles as seen in the 4H chart.
MACD and Stochastics point to a movement to the upside. Confirmation will happen when the price moves above this sideways formation.
A break of the current supports would drive the price to $60. That is unlikely though since supports seems to hold and there is volume in the bullish candles as seen in the 4H chart.
MACD and Stochastics point to a movement to the upside. Confirmation will happen when the price moves above this sideways formation.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.