Litecoin - LTCBTC - Yearly Overview

BITFINEX:LTCBTC   Litecoin / Bitcoin
Hey guys,

Here's my take on LTCBTC right now.
The RSI is quite oversold right now, so it should go up and recover any time soon within this week or next week.

Once it reaches it's critical point, late 2018, it should, hopefully, touch down on the trend line , and spring upwards.

Remember folks,
Patience is paramount!

Good luck!
Comment: It has touched down on the yellow trend line... but BTC seems to be going down further this week, so expect LTCBTC to go down just a bit more. Next week, BTC may spring up, touch down on its major trend line, and thus signify the beginning of the bull market. This could cause LTC price to rise significantly as people turn to put their money on LTC, as it would have a great risk/reward trade off (because LTC is at its major trend line right, and looks poised to increase).

Here's my latest BTCUSD chart for reference:


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