Hi friends! Welcome to my Litecoin technical analysis
We have recently seen a bullish tiny inverted head and shoulder formation on ltc that once will completed will allow price action to cross a long term trend resistance (green) line. This move if it happens will result to a breakout of yet another bullish formation which is the bump and run with a wide bump which could be completed in a 5 wave formation. With this development I am positive litecoin could double in a short span of time.
What you guys think of this?
This is just a guide, not a trading advise.
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Thanks
-Your Bullish Poop Trader