LitecoinUpdated Single Humpback Dino holding Lemon and Crying Blood
Not a healthy formation, we can only hope the MACD continues to form a wedge against the volume pattern. Yellow on the chart (lemon) indicates there will be a 3rd point of entry (or exit) and support/resistance in the coming days. I'd like to see an 80's style Pirates baseball cap form on the dinos head so we can confirm resistance (and stop him from crying blood). We either go up, down or sideways from here.
Note
100% correct once again. Click the arrow on the chart and you'll see I showed the exact time it would go up, then flatten out.
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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.