I entered into a Long LTC position on 03/25 at 176. This was the area that the intraday price made a higher high to indicate a bullish reversal. Supporting indicators are that LTC was falling on the trend line and CCI indicated an oversold position. My stop limit is 168 and my target price is 195. I am projecting that LTC is beginning to form a Head and Shoulder formation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.