TradingView
thecardiak
Jan 23, 2024 1:48 PM

Enormous LTC fractal and wedge coming to its end Long

Litecoin / US DollarBinance

Description

2015-2017 the wedge ran till its completion before exploding out into a new range.
since 2018-2024 the current wedge is now nearly complete.

Now if we take a bar chart of the 2015-2017 wedge and expand it and overlay it on the price action within the 2018-2024 wedge it lines up almost 1:1

Exciting times ahead i think
Comments
DigitalRevolutionPhase5
Litecoin can hit $4-5,000 a coin.

But I don't think the actual big bull run will start until August 2024 for LTC. According to previous halvings, it usually takes 1 year after LTC halving to start the bull run and the bullrun could last for 1 year.

The last LTC halving was August 2023.

We will see.
Georgi_Iam
So, there is a chance of testing 30-20 zone anyway right 😂 Or you wouldn’t count on it?
robloxatvman
@Georgi_Iam Bitcoin isn’t bottomed so likely $30 is imminent
DProblem
@robloxatvman, Have you scoped out the LTC/BTC chart?? LTC Looking ripe
Waterboy980
@robloxatvman, BTC bottomed 15 months ago.
More