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theCrypster
Feb 22, 2023 11:25 AM

#LTCETH - Reaching Critical Point for Busting Out! 

Litecoin / EthereumKraken

Description

With a fast-closing wedge from within #LITECOIN against #ETHEREUM we can see a breakout coming within the next couple of weeks - which way is the big question!

With a strong Sell signal coming from Crypto Tipster v2 we're inclined to suggest a downward trend, but we wouldn't be pulling the trigger on this one until that wedge is broken one way or the other!

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Crypto Tipster v2
theCrypster
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Comment

#LITECOIN is currently ranging in this closing descending triangle.. but for how much longer?

Strap in for something big is imminent!

Comment

As we previously described, something big was imminent - that something was a drop downward to the next support level, can we drop even further to maximize profits with our Short trade here?

Comment

#LTC / #ETH has retraced back up to recent SR levels, followed by a small but solid rejection down.

Are we going to see a drop here to our predicted support at $0.04?
Comments
linofx1
Excellent view
theCrypster
@linofx1, Cheers bud!
MonoCoinSignal
Logical scenario
theCrypster
@MonoCoinSignal, Thanks bro 👍
ProjectSyndicate
let's get it seems logical
theCrypster
@ProjectSyndicate, Totally. 🔥
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