Looking at the four hour chart for Litecoin, we can see that it has fallen back into the small falling , and is now piercing the pink . If you recall, I told you that the would likely send us lower. I also gave you the pattern that I recognized, between troughs, crossovers, and corrective moves. You can see that each time a trough was made on the chart (red arcs,) which corresponded to a crossover on the (red circle,) a corrective move followed. I think you would be hard-pressed, to find another analyst on this site, who masterfully recognized that pattern. Now, we can see that LTC continues to fall from the , as it will likely continue lower, to form another lower low on the chart. Support lies at the pink , and then below at the 78.6% retrace. Below that, LTC should drop to the bottom of the big blue channel. Stay on your toes friends. The bears aren't done.
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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after reading every article at : http://bitcoinandtheblockchain.blogspot.com
over the last 3 months, I have been converting my BTC holdings into BCH. selling the spikes like coinbase day last month. Since BTC and BCH are often inverted due to the fear of dragon slayer and the flippening or cashening as I bought some LTC because of the Facebook rumors but after reading your post, I am thinking of converting my LTC into BCH. also be happy to tip BCH if added to your review.