Originally noticed on the weekly chart. Looks like we might have a very long term cup and handle forming on the LTCBTC Daily chart. Watch for a rebound above the 50% mark from the top of the cup. Pattern is invalidated if .0116 level does not hold.
Comment:
So the "handle" of this pattern fell below 50% of the height of the cup. That invalidates this setup. Thanks for following my idea!
However, the markets have been crazy this past week so I could totally see this thing failing.