LTCBTC is on a long term Inverse Head and Shoulders pattern on 1M. With 1W turning into a buy last week (Highs/Lows = 5.9589, B/BP = 12.3040), we have the first sign that the Right Shoulder has higher chances of being completed. The RSI (43.847) and MACD (-12.227) show that there is still much room for the upside and we expect this bullish sequence to hit at least 0.022110 with 0.034050 being the extension.
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