Litecoin had a fake 6 weeks H&S Bottom during summer.
Another formation of 2 months H&S Bottom has occured recently from August 5 and October 15.
This formation also maybe a fake or failed H&S pattern, because there is another bearish continuation pattern is forming.
6 Weeks Descending Triangle is forming.
As You may already know, before I was waiting for bullish breakout of LTC/USD, but the chart patter may also turn out to be bearish descending triangle.
Before I was thinking if global equities go into bearish territory, people will rush to alternative investment vehicles.
Unless the problems with Tether is finished, we will see many mixed signals from crypto currencies.
Another formation of 2 months H&S Bottom has occured recently from August 5 and October 15.
This formation also maybe a fake or failed H&S pattern, because there is another bearish continuation pattern is forming.
6 Weeks Descending Triangle is forming.
As You may already know, before I was waiting for bullish breakout of LTC/USD, but the chart patter may also turn out to be bearish descending triangle.
Before I was thinking if global equities go into bearish territory, people will rush to alternative investment vehicles.
Unless the problems with Tether is finished, we will see many mixed signals from crypto currencies.