LTC
A breakout above the one-month downtrend line will trigger a new bullish signal, and the LTC/USD pair could then accelerate its advance. First, watch for a breakout to trigger on a move above $165.50. Strength is then confirmed on an enthusiastic rally above $175.50.
IOTA: the strongest performer of the week
A potential head and shoulders bottom pattern has formed in the chart of IOTA. It was the strongest performer last week, rising $0.27 or 24.9% to $1.36. As with all chart patterns, a breakout is needed to confirm the validity of the pattern before a trade signal is generated. In this case, a breakout occurs on a decisive move above 1.53.
