LTC/BTC - will history repeat itself?
LTC has touched all time lows against BTC and bounced with conviction. Furthermore it broke out of a multiyear falling wedge pattern.
The exact same pattern has manifested before resulting in a very strong run.
The red boxes indicate target areas. The targets align with volume by price levels and fib retracement of the multiyear downtrend.
This is a very simple setup - no magic happening here, but that makes it more powerful, I think.
Let me now what you think in the comments
The exact same pattern has manifested before resulting in a very strong run.
The red boxes indicate target areas. The targets align with volume by price levels and fib retracement of the multiyear downtrend.
This is a very simple setup - no magic happening here, but that makes it more powerful, I think.
Let me now what you think in the comments
Penafian
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