๐ฅ Litecoin Huge 5-Year Head & Shoulders: Prepare For Dump ๐จ
Recently I've made some analyses on LTC and its halving. In every analysis I compared LTC's post-halving price action in history and came to the conclusion that the LTC halving is a sell the news event, see below. For the foreseeable future I'm quite bearish on LTC, but even more bearish on the LTC/BTC pair - it will lose value against BTC.
I'm waiting for LTC to break below the neck-line of the H&S pattern. Target at the 2018 lows, stop around 50$. Be patient for the break out.
I'm waiting for LTC to break below the neck-line of the H&S pattern. Target at the 2018 lows, stop around 50$. Be patient for the break out.
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