LITECOIN -15% for this week? Short setup by ThinkingAntsOk
1H CHART EXPLANATION:
As we can observe, price is currently on a Head and Shoulders pattern after bouncing at the Major Resistance Zone. If price breaks it and consolidate below, we will wait for a pullback to the neckline of the structure to take short positions towards the Ascending Trendline.
4H CHART:
As we can observe, price is currently on a Head and Shoulders pattern after bouncing at the Major Resistance Zone. If price breaks it and consolidate below, we will wait for a pullback to the neckline of the structure to take short positions towards the Ascending Trendline.
4H CHART:
