Technicals : Thus far Litecoin is maintaining the 2019 high and the weekly 200 MA. Yes we bled hard but take note of the 2017 fractal: the bleed out was much worse but price quickly recovered . Watch for similar price action or consolidation at these higher levels, threatening another stab at ATH . Price has rejected perfectly off of 25% of current median, and has come to a rest on 75%. These are areas of reactions in the market so don't let them pass you by. I see this as being in a 4th wave like most of the market. At this stage, dips are for buying NOT selling.
Position 1 : Long from 171 ( avg fills)
Position 2 : TBD
Target : Minimum 850
Out of the 4 previous times it happened, it was the bottom 3 times, and the 4th time (green arrow at the beginning of 2018 bear market) we still had a 0.618 retracement (130% pump)."
lol do you know the reason why I can't talk in the chat. its not letting me, is it cause I'm on the trailer plan and not the paid one? and ALSOOO!!!!!
could I dm you to look over my chart analysis??