In my previous TA we caught that rally breaking from 200 to 300 , have a look below.
Now Litecoin is setting up for an even bigger move , this next one could be more explosive than the last taking it to all time high.
So right now price is hovering under the 8/1 Gann ratio, we failed to close any daily above it since its breakout and until we do break at 8/1 ratio and close a daily above we will not see an all time high. So the question is when does it break it?
Sometime in the next 30 days the 8/1 Gann ratio comes into a squeeze by December 15th 2021 and we have a very interesting Fib Time date on the 9th Dec 2021.
Fib Time Dates :
10th May 2021
20th July 2021
29th September 2021
9th December 2021
30th April 2022
These are very interesting sets of dates for a number of reasons , first of all the after placing the first two dates we get an impulse on the third which is a very good sign and increases the probability that we will get a reaction in the next two dates. So the next date is 9th of December 2021 that could very well be the date that Litecoin breaks the 8/1 ,I can see the price coming back down to 224 to the 0.382 Fib before we break 8/1.
Out of all these Fib dates the most important one is the 30th April 2022 , time and time again I keep getting Fib dates around this time. Chainlink, Alt Coin Market cap and many more seem to get Fib dates around May 2022, is it possible that Bitcoin tops out end of April and then 20-25 days later the Alt coin market tops out, if you look at 2017 top Alt coin market topped out 28 days after Bitcoin and even this year when Bitcoin hit 65k and topped out in April guess what alt coin market topped out 21 days later so if history does repeat Bitcoin/Litecoin cycle peak could be at the end of april 2022 with a altcoin market peak May 2022, I will link below previous TAs showing these Fib Dates.
Now Litecoin is setting up for an even bigger move , this next one could be more explosive than the last taking it to all time high.
So right now price is hovering under the 8/1 Gann ratio, we failed to close any daily above it since its breakout and until we do break at 8/1 ratio and close a daily above we will not see an all time high. So the question is when does it break it?
Sometime in the next 30 days the 8/1 Gann ratio comes into a squeeze by December 15th 2021 and we have a very interesting Fib Time date on the 9th Dec 2021.
Fib Time Dates :
10th May 2021
20th July 2021
29th September 2021
9th December 2021
30th April 2022
These are very interesting sets of dates for a number of reasons , first of all the after placing the first two dates we get an impulse on the third which is a very good sign and increases the probability that we will get a reaction in the next two dates. So the next date is 9th of December 2021 that could very well be the date that Litecoin breaks the 8/1 ,I can see the price coming back down to 224 to the 0.382 Fib before we break 8/1.
Out of all these Fib dates the most important one is the 30th April 2022 , time and time again I keep getting Fib dates around this time. Chainlink, Alt Coin Market cap and many more seem to get Fib dates around May 2022, is it possible that Bitcoin tops out end of April and then 20-25 days later the Alt coin market tops out, if you look at 2017 top Alt coin market topped out 28 days after Bitcoin and even this year when Bitcoin hit 65k and topped out in April guess what alt coin market topped out 21 days later so if history does repeat Bitcoin/Litecoin cycle peak could be at the end of april 2022 with a altcoin market peak May 2022, I will link below previous TAs showing these Fib Dates.
Comment:
price has closed above 8/1 Gann ratio, now for the retest as support , still think December 9th will be a big day , lets see what unfolds
Comment:
eveyrthing lines up for December 9th , if Bitcoin does come back down to 55k we could see the perfect setup for both LTC and BTC
Comment:
Right 224 target has been hit , now a bounce back up to the VWAP 255 before we go down again most likely.
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