We are in the Second-&-last-flash-drop as expected but dropped +$4 lower than anticipated (lets also not micro-manage small drops and look at the long term trend)..........................On 21 October Litecoin went as high as $55.995...
Litecoin Bearish flash drop lower on 1,2,3,4,5 is a normal circumstance any financial asset is expected to break downwards here (according to technical analysis, we should hit the LOW in Litecoin at or around the $40 mark).
The data however, is showing an incoming up-cycle. Looking an underlying bullish move or formation, and this move may break apart technical analyses or said theory. What I am saying is that the entire world is expecting a breakdown in all of cryptos but i see a potential catapult in price upwards.
Litecoin: A break towards $80.50 is on the table
Litecoin Bearish flash drop lower on 1,2,3,4,5 is a normal circumstance any financial asset is expected to break downwards here (according to technical analysis, we should hit the LOW in Litecoin at or around the $40 mark).
The data however, is showing an incoming up-cycle. Looking an underlying bullish move or formation, and this move may break apart technical analyses or said theory. What I am saying is that the entire world is expecting a breakdown in all of cryptos but i see a potential catapult in price upwards.
Litecoin: A break towards $80.50 is on the table