https://www.tradingview.com/x/TE9qLRyQ
A possible cup and handle reversal pattern may be forming on Litecoin (LTCBTC) on the 4 hr chart. With the cup component already completed, the base of the cup reversing off the demand zone, the handle component has shown a steady and consistent downtrend channel which should find support along an uptrend zone of support. CCI oscillator is already suggesting bullish divergence meaning price action may return shortly to the top of the cup for ~5% gain.
If the reversal pattern plays out, theres the possibility of the price action continuing the uptrend to reach the supply zone for an approximate 9% gain.
