WickHunter

Litecoin LTC is Making a Head and Shoulders

WickHunter 업데이트됨   
BITFINEX:LTCUSD   라이트코인
Hello Traders,

Litecoin is forming an obvious Head and Shoulders. Validation of this chart pattern would be a break of the neckline with increased sell volume. If this happens then some targets are on the chart.
코멘트:
Every comment saying this is NOT a valid Head and Shoulders. A H+S pattern becomes valid on break of the neckline with increased sell volume.
코멘트:
Epic neckline break.
코멘트:
The 3.618 fib looks like a target to me. It lines up with the Daily 200 MA.
코멘트:
When the price broke the neckline the moves down look impulsive so I am expecting 5 waves down.
코멘트:
Got a wick in the box price range.
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