jordan777

LTC/BTC BREAKOUT!!!

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
LTC/BTC broke out of a falling wedge pattern on the week of September 24.The last 4 breakouts all peaked either on or after hitting the measured moves. The average time till peak ( not counting the 1st 7 day hit) is about 90 days. If it all plays out how the odds favor it to, LTC/BTC will peak near the end of December and will most likely test the top of the channel and can possibly breakout making even higher targets. ATH's!!! This will be perfect timing before the August halving for LTC where the mining rewards will be cut in half! Good luck and good trading!

P.S. RSI is low and ready to run on the weekly

P.P.S Not investment advice.

1st Target...0.0167 sats

2nd target...0.2800 sats
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