LTC/USD Head and Shoulders pattern

BTCE:LTCUSD   萊特幣 / 美元
1137 5
Look at the volume . The less steep channel is serving as the neckline, watch for a break.
評論: Just hit the sweet spot...good prospects for a bounce here:
ltc usd
thanks for the update.
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seems you just liquidated your position.
Same thoughts, watching for that too. But i'm not so optimistic, awaiting more dip
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btc_joe exceLqa
@exceLqa, It could go much lower, my price distance target was based off of 34% from the head to the neck, but fair to also use the $ amount, which would also get you a $12 move down from $25 to about $13. But that is lower than .618 retrace, suppose we could get wick that low. But I do think the .618 will ultimately hold if this does break down, bright future ahead for ltc IMO.
exceLqa btc_joe
@btc_joe, yes i think ltc have great future, but future is somewhere ahead, and people are refuse to wait. Right now it's just great potential.
Thank you for your chart, good as always!
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