Resolution of pennant pattern

OKCOIN:LTCUSD   Litecoin / U.S. Dollar
Apparently ltc is not following the same downward trend as btc             . This pennant should resolve in the following two days and presents a good opportunity for longs.
I would place an objective around 2.
Painful 6% drop today. Any ideas what is going on?
Also, the Halvening is coming up in less than 3 months now. A good reason why LTC could be finally breaking ranks with BTC.
I love this. Why should pennant resolve in 2 days? Sometimes these can take several weeks to break upward.
purpurato59 rivet.popper
Normally this pennants resolve on 2/3 of the time to the apex and keeping the previous trend.
It didn't break upward as expected, but protection could be taken against it.
rivet.popper purpurato59
Thanks for your reply. Any idea what went wrong today? Is this a final dump so whales can load up or something?
purpurato59 rivet.popper
I do not have any clear understanding of this market. I just try to use some common tools that seem to work on most occasions. I've been following bitcoin for some time and I still don't get why the market behaves this way ! With ltc is just the same, I don't see what are the prime movers, but I've always have the feeling it's disconnected with some basics like block halving and all that.
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