Looking for a repeat pattern of the structure that we're in now, looks early similar to what we saw back in 2017. If we copy the action of 2017's market to today's current structure it looks like the LTCBTC parrying only has a little more elevation before a major correction from .0245 back down to our major support at .0143
Now I'd like to add as well, this is what would most likely happened based on chart patterns, BUT if we see LTC go over this .0245 pairing, the strap in because LTC is going to the moon on a whole new chart structure. I've been watching LTC lately in and out form 1 min bars to 4 hrs and all the different pairings, something I can say definitively is that it is UNUSUALLY Bullish lately in a market without many bulls. Will it break through .0245?? Pay attention to the news as we reach that point, maybe something huge will drop that will be extra power to get it over the edge. Exciting stuff for LTC!
Now I'd like to add as well, this is what would most likely happened based on chart patterns, BUT if we see LTC go over this .0245 pairing, the strap in because LTC is going to the moon on a whole new chart structure. I've been watching LTC lately in and out form 1 min bars to 4 hrs and all the different pairings, something I can say definitively is that it is UNUSUALLY Bullish lately in a market without many bulls. Will it break through .0245?? Pay attention to the news as we reach that point, maybe something huge will drop that will be extra power to get it over the edge. Exciting stuff for LTC!