Today, I wanted to show similarities between the last halving and this one.
If we were to get the same ROI that we saw in 2015 and 2019, that we saw 6 months leading up to the halving, we could see a 200-300 LTC by the next halving 8-2023.
We closed above the POC, momentum is moving up.
The only thing I do not see yet is volume coming in.
I also do not know...
Now is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple.
Date ranges and price drop...
As you can see in the chart, Litecoin is nearing the end of phase 4 of it's Elliot wave and will soon shoot up to phase 5, after which we will have a small correction(ABC) and then we shoot up straight from there as suggested by the fractal taken from it's Sep 2017 Breakout. I'll be Long at support($130-$139)
The fibonacci extentions are just to show correlation...
English:
Litecoin is the sleeping giant. Starting in December Litecoin will start to rise quite a bit In the previous halving it has touched 0.025 LTC / BTC and a parabolic pattern has been created.
Litecoin may take longer to rise than other cryptocurrencies but it is inevitable that it will end up rising and when it does, you wish you were...
