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ChrisSlavin
Jul 18, 2017 1:24 AM

LTCUSD - A Tale of Strength and Resilience 

Litecoin / U. S. DollarKraken

Description

An immaculate, heavens-bound, long-term support range <cyan>

Illusory pinnacle after illusory pinnacle - trendline starts at the beginning of our recent explosion in market capitalization from late March 2017 to this day <green>

Falls from grace (short downtrends), picking yourself up by your bootstraps (consolidation phases), and the inevitable comeuppance (breakouts) <pink>

This chart has everything!!!

As of 9pm est, 07/17/2017, it looks like we'll fall from 42 to 37, bounce around and consolidate in our beautiful cyan range until we're ready for breakout! Probably right after the dreadful August 1st BTC business, pending good news ;)
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