rosphinx

rosphinx Updated 

I made a comparison between LTC and BTC. The results are interesting... LTC broke its big descending triangle (on the downside) on the 10th on June, BTC didn't broke the triangle yet but it can do it in a similar way. If this is the case I expect this rally to go to a maximum of 7K (Actually I think the price will not go past 6.8K) to touch the ribbon of EMA's and...

rosphinx

The first 2 triangles have broken downwards...if there is a third one (we will see) I think it will be bearish too. Also note that the triangles are getting smaller and smaller...so the fall is decelerating