Litecoin dominance has been a downtrend for four years by the end of February 2022 the pattern will break. As you can see even though its not the perfect Gann placement we still get very good reactions off the 4/1.
Also not sure how the MFI is exactly working on the dominance chart but it is so we can clearly see that it does show divergences pretty accurately....
I hope you enjoy my art :)
But really, the market has been selling off lately.
Volatility is back.
The Dinosaur appears!
Happy Friday and have a great weekend!
Same as GJ, EJ is showing us signals that it's tired of just bleed. Despite the bearish structure, in order to keep going any further, it has to grab some liquidity, and the last week's candle close above a zone shows us exactly that: a incoming lower high, liquidity grab, retracement or whatever you like to call it.
If price doesn't break that minor zone or...
