Stock_Holiday86

Litecoin looks ready to roll.

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
LTCBTC Monthly Chart - The red lines represent the approximate halving dates. You can see that goin into the halving, (circled) there is a small rally that ends up collapsing further down post halving. Assuming the higher pivot bottom is in to form (C) compared to (A), we can spot a squeeze pattern forming with potential bullish catalysts in the near term future to fuel Litecoin's bullish rally. Not financial Advice, my own forecast and biased opinion. Bullish MACD cross forming to strengthen the setup. RSI oversold. Buy and hold Litecoin.
Comment: The halving dates are not exact but do not need to be for the purpose of this analysis on this scale

Comments

If you're right, i'm going to be very happy soon!
+2 Reply
In 2022??? I think in dicember
+1 Reply
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