cryptofreak2017

Possible Inverse Head & Shoulder on LTC

Long
cryptofreak2017 Updated   
COINBASE:LTCUSD   Litecoin
Looks to be forming. Caught this last night and sold at the neckline. Got back in the morning at the bottom of shoulder thus far. Im long for a retest of 47 on a completion of this pattern.
Comment:
This is playing out nicely. Increase in volume, could send this back to $47 soon. Probably, sell %50 of my position there and see if the rest can ride to $56.
Comment:
Pattern has completed. Huge volume and nice follow through to 1st target at $47.22. Went ahead and sold the rest at $48.18 at top of my channel trend-line. I may buy back in and pick up some bounces on the pullback. Hope you all made some money! Good luck!
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