As you can see the support and resistance levels have been pretty accurate. The support has been accurate for 3 years and the price has bounced off of it 4-5 times, and the resistance has been accurate for 5-7 years*, and the price has bounced off of it 4-5 times**, so, that makes me think that they will stay accurate for awhile now. Now, if you continue these...
Litecoin has stayed loyal to this support for more than 3 years now and has been loyal to the resistance for more than 2. The support & resistance are crossing soon, which could signal a crash or a spike. What do you think?
*Not investment advice do NOT make a trade based solely on this, do your own research*
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Here is why I think a bitcoin winter is ahead:
If you draw support (orange) & resistance (red) lines from the peak of the 2017 bull run, they eventually cross, when this happens a new support (orange) & resistance (yellow) are drawn, these cross as well, which leads to a sharp fall, (Green & light green) the first green candlestick in the fall sparks the bitcoin...