Long

Possible Inverse Head & Shoulder on LTC

By cryptofreak2017

Updated

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.

Note

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.

Note

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!

cryptofreak2017

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