nagihatoum

LTC don't trust fractals

Long
BITSTAMP:LTCUSD   Litecoin
I threw in some fractals to guess what is going on with LTC. I used a fractal from when the trend reversed at the bottom this year and one for the 2018 ATH.

Personally, I believe that fractals are highly subjective. They only reinforce the analysts confirmation bias. There is no set rules or back testing for fractals.

So these fractals are here to see how much will the real price action be divergent from them in the future.

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