Litecoin Head & Shoulders Pattern on the daily
I am seeing a head & shoulders pattern on the LTC daily chart. If the daily candle closes like this, that would be considered to be a shooting star which is a bearish candlestick pattern.
I am looking at 3 possible targets here - setting a 10% stop loss
target 1 : 0.01167
target 2: 0.01117
target 3: 0.00983
setting a 10% stop loss
If it looks like it will break through 0.01167 hard then i will not take profit there and instead take a bigger slice out @ 0.01117
Discord channel: https://t.co/S0T97Ti7Zz
I am looking at 3 possible targets here - setting a 10% stop loss
target 1 : 0.01167
target 2: 0.01117
target 3: 0.00983
setting a 10% stop loss
If it looks like it will break through 0.01167 hard then i will not take profit there and instead take a bigger slice out @ 0.01117
Discord channel: https://t.co/S0T97Ti7Zz
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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.
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.