Litecoin is pretty much in the same spot as Bitcoin , in a descending wedge but at least with LTC we also have bottom support with the 4/1 Gann which is making the lower part of this descending wedge pattern.
There is a Fib time on the 24th of Jan 2022 that could play out to lines up with the end of that wedge but I doubt we will grind down to the tip of the wedge .
Sometime in the next 14 days we will find out if LTC starts its bear market we already can count this price action unfortunately creating a lower low for the daily which is not good at all.
There is a Fib time on the 24th of Jan 2022 that could play out to lines up with the end of that wedge but I doubt we will grind down to the tip of the wedge .
Sometime in the next 14 days we will find out if LTC starts its bear market we already can count this price action unfortunately creating a lower low for the daily which is not good at all.
Comment:
nice close above the 4/1
soon we will find out where we going
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