BerlinTrader591

LItecoin Reverse Head and Shoulders

Long
KRAKEN:LTCUSD   Litecoin
This Litecoin reverse Head & Shoulders Pattern resembels others
like XMR and DASH.

If one breaks out, I think they all break out to the upside.

In Litecoin, if we pop over the neckline at 280, then I think we have exstended upside to the 161.8% retracement of the head at 331. Then the measured move of the head at 366

The trade:
Long over 280
Target 1: 331
Target 2: 366

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