PorsTrade

LTC going down, clear Head And Shoulders @ 4h chart

Short
PorsTrade Updated   
BITFINEX:LTCUSD   Litecoin
Hi all, i realy think we have a clear head and Shoulders @ the 4h charts at LTC. I personally are not in the LTC myself, but a friend of mine asked me if I could make a chart to him when he is a deep supporter of LTC.

Rsi and MACD trend showing me that we will go down so i realy think that then confirms me that here's a head and shoulder making form.
Again, do not take your choices based on my opinions or charts, as I still learn myself.
Trade safe all.
Trade closed manually:
LTC have broken the pattern, coming back with new update soon :)

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.