LTCUSD - Short to $215 or long to $260

As seen on the chart, we have a double top pattern (the M pattern) which signals price to fall back to the previous support line at $220 which is the lower trendline.

Also, a trendline breakout upward may occur, and push price upward to $260

What do you think?

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Сделка активна:

"Play" the chart and pay attention to the inverse head and shoulder pattern in play which signals a short sell to $160 before a huge long buy to $240.

The left shoulder and the head has completed its formation. We are waiting for the right shoulder.

What do you think?