Litecoin was a good coin, fighting for its place in top10 of all crypto coins for couple a long time.
Now new technologies do much more hype than old known coins.
As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making...
BNB is overbought and is weak. Double top is definitely not a good sign.
On weekly it is facing huge resistance and is about to close red.
I don't think it will be able to break current resistance without proper correction.
I expect it to start its correction and slowly going towards $415 support and after bounce back, completing 'M' pattern, there's a door open...
ETH/USD looks very weak at weekly chart, having enourmous rejection at $4500.
MACD looks weak too, there's a small divergence on weekly chart which is a sign of weak bulls.
I expect ETH to retest $4400 zone in next week candle. After very possible another rejection I expect it to collapse down to $2800, where it definitely finds some support.
The possible fall...
Most of you can say this is a classic Wyckoff accumulation with the last shakeout spring, but it seems to be not.
Main reasons are that on 3d timeframe ICP looks very weak, this is not how spring usually looks.
I expect ICP to go sideways, maybe test its resistance and then go down to $11 or even less.
