I found an extremely similar fractal on the chart, especially in terms of the structure of movements where LTC is ahead of BTC.
At the moment the situation is very similar. A similar scenario emerges.
The rise and fall of LTC is due only to the movement of BTC or ETH. It makes no sense to look for technical analysis figures on the Litecoin chart, since the course will not follow them. The market moves thanks to large investors, and they have complete information about the coin and will risk investing money in it only to diversify the portfolio.
Look at market forecasts from the best analysts in the world, which say that if the price fixes under such and such a level, you need to sell, and if the price goes higher, then you need to buy. They themselves do not know which way the market will go! And fractal analysis allows you to give the direction of price movement, and helps to determine how long this movement will go before a reversal.
The idea is as follows, in the near future I expect an impulse growth in the coin.
I won’t write for a long time, because it will take a lot of time, and many will not understand the meaning, because of the prisms of technical analysis or smart money.
I drew a very similar fractal.
All profit and success.
At the moment the situation is very similar. A similar scenario emerges.
The rise and fall of LTC is due only to the movement of BTC or ETH. It makes no sense to look for technical analysis figures on the Litecoin chart, since the course will not follow them. The market moves thanks to large investors, and they have complete information about the coin and will risk investing money in it only to diversify the portfolio.
Look at market forecasts from the best analysts in the world, which say that if the price fixes under such and such a level, you need to sell, and if the price goes higher, then you need to buy. They themselves do not know which way the market will go! And fractal analysis allows you to give the direction of price movement, and helps to determine how long this movement will go before a reversal.
The idea is as follows, in the near future I expect an impulse growth in the coin.
I won’t write for a long time, because it will take a lot of time, and many will not understand the meaning, because of the prisms of technical analysis or smart money.
I drew a very similar fractal.
All profit and success.
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