LITECOIN Cup & Handle Pattern -- Future Look

It's been a little bit since I looked at Litecoin with everyone specifically. It's possible that we're looking at a cup and handle pattern. We saw a slow potential bottom and now are in the formation of the side wall and handle section. We have strong support shaping up at the $70 level.

Daily RSI hit very overbought at over 86 which we haven't seen since the all time highs. In 2017, we saw prices hit $100 and be at the same RSI level as recently before pulling back to $50 and rallying. Not saying it's a repeat, but this is what happened last time in these conditions. I think a pullback to $50 right now is a little unlikely though.

Hope you're all having a great hump day!!