Litecoin has broken the daily descending structure so no more downside IMO.So If we consolidate above the market and don't go back into the structure we are totally fine.
The probability of going upward is quite high compared to a downside option but we always stay cautious of the bitcoin move so if bitcoin doesn't ruin the show, Chances of Litecoin to make an...
BItcoin has been trapped in a symmetrical triangle for 2.5 years which has a 60% chance of an upside breakout and a 40% chance of breakdown.
While consolidating near the top (red circle), inclining towards a breakup has a higher chance.
A Symmetrical triangle mostly makes a breakout close to 70% of the overall wedge while it is close to 66-68% showing more...
