landalex

Potential up move due to reversal pattern

Long
KRAKEN:LTCUSD   Litecoin

LTCUSD

LTCUSD just formed a reverse head and shoulder pattern. Additionally, we can see a false break of the support line at 52,96. The study of supply and demand shows many signs of accumulation since 14 August.
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.