LTCBTC is about to break a 3 & 1/2 year downtrend. And only the big guys have the scope to see it!
I tried not to clutter this chart too much, so left a lot out but look how gorgeous it is!! That's what TA is about, right?
LTC is fundamentally strong-- definitely the project i've spent the most time looking into. Community is engaged too.
Plenty of falling wedge...
My last post (I'll link) looked at why our recent correction will reverse back bullish, and this post looks more-so at where we will head over the next few months!
I chose not to include the Elliot wave formation for the sake of keeping the chart looking simple.
Crossing of lower-period EMAs over higher-period with confirm healthy uptrend. If we can sit and consolidate here for a few days before breaking out that'd be ideal. All is well considering we're still closing above the 10DEMA.