LTC broke the previous ATH
Updated
Broke the ATH at $348.19, jumped above the up trend line, all oscillators are pointing up. Looks like a good wave 5 to upper highs. Good luck
Note
It looks like the old ATH turned support and is being tested now. Watch out for a bull trapNote
Possible head and shoulders on the 5 minutes chart, with a bearish divergence which might confirm the bull trap:Note
A lot of indecision here .... head and shoulders but without breaking the "neck" line at $347 ... then double bottom ... three times $347 hold as support... let`s see what is next:Note
It seems we passed the bullish trap part and now we have a very important "hop" to pass .. will it be a double top, or the breakout is confirmed:Note
Things are speeding up ... seems we are officially in the wave 5 ... up to new highs:Note
Sorry, wrong picture ... Note
What looked to be a promising breakout failed due to low volume. It established a new ATH at $368 but then retraced to the previous resistance turned support $335, just below the major level of $350 bouncing back up from the trend line. Maybe today we will see the long awaited up movement:Note
Looking at the 5 minutes chart, we can see in detail some good signs: a very nice bounce up from the trend line, a jump past the resistance level at $350 in a bullish channel and a morning star:Trade closed: stop reached
It went down again under the $350 with the price on other exchanges much lower. Trade close until better times
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