AHProtocol

AHProtocol

The orange is the parabolic rate of increase as seen in the run to ATH......superimposed on the current run we are far from break down.......but what might matter is the level of previous parabolic breakdown...$10,875.....will it hold ?

AHProtocol

If history is relevant analog, there remains significant downside risk to this pair. Halving matters, and in the short term more likely that miners continue to sell, to finance forward declines in revenue (miners get half the reward).....plus BTC has caught the bid finally.... And on a emotional/technical trading note, LTCBTC pair literally loves to make you...

AHProtocol

While very bullish long term LTC, currently favoring a correction...this run looks a bit overextended - case of too much too soon....yes a run to .02 in the very near term is possible given the newbie euphoria around halving....but caution is warranted

AHProtocol Updated 

following the pink forecast line for now!

AHProtocol

Its certainly setting up for it so far..... and still dirt cheap......

AHProtocol

Solid fundamentals..........looks really really undervalued on a relative basis.........

AHProtocol

See chart for info.

AHProtocol

Imagine......the story is yet to unfold. Visualization based on a pennant formation that serves as the consolidation time frame after the move up to 4K+.........followed by a vicious rally in the wake of game changing capability enhancements. Some call for a correction down to 3400 area......but I highly doubt it.