This is my second TA so I would love some feedback. I pulled some of these ideas from others but want to track. To me, it looks like the bears failed with the previous H&S
, signal of bullish
market. Break out from the falling wedge
and succeeding peaks also signal bull market. Looking at the previous run, I'm projecting we hit 370 this week, new ATH
around 550 in a few weeks. LTC seems to have a lot of support at 230 (.5 FIB). Placing stop loss around 180 from previous low.
Tips on estimating risk reward?