Hi,
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective. Since Litecoin recently showed up with increased bearish volatility to the downside it somewhat recovered in the structure and formed this main inverse head-and-shoulder-formation with the left shoulder and the head already formed. Now is Litecoin about to form the right shoulder in the schedule that will complete the whole formation and show up with a bullish breakout above the neckline, this will complete the whole formation and will lie coherent ground for the next continuations. When Litecoin finally completes the whole formation rightly in the schedule it will point to the upside targets from where the situation needs to be elevated anew.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Litecoin, we are looking at the 2-hour timeframe perspective. Since Litecoin recently showed up with increased bearish volatility to the downside it somewhat recovered in the structure and formed this main inverse head-and-shoulder-formation with the left shoulder and the head already formed. Now is Litecoin about to form the right shoulder in the schedule that will complete the whole formation and show up with a bullish breakout above the neckline, this will complete the whole formation and will lie coherent ground for the next continuations. When Litecoin finally completes the whole formation rightly in the schedule it will point to the upside targets from where the situation needs to be elevated anew.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.