MisterCatt

Fractal pattern before 2015 and 2019 LTC/BTC

POLONIEX:LTCBTC   Litecoin / Bitcoin
On 6 august 2019 is a date to keep in mind for ltc holder to expect for upcoming 2nd halving hype, approximately around 98 days to come before it happen from the time i write this post., it is the event when mining fees become reduce into 50% in every 4 year for ltc - may different with other crypto - to increase its scarcity more valuable and avoid inflationary supply in the future...

This is 25 august 2015 chart when 1st halving approaching ;


Somehow the price is rising prior the halving event month away before the acctual halving do happen..

let see what recent chart for 2019 halving chart


if it's combine.. we will have a look like this chart..


well, it's not so similar but keep in mind the indicators is almost looks the same way before it's actual halvening happen.. but we will find out about 2019 halvening later.
anyway.. set aside from all this fractals for a while. for the recent chart, all i can said is if 200 EMA didnt broken. we will be fine and vice versa..

important level to watch : +- 0.121 satoshi

from indicator prespective, i think it will test 200 EMA soon or later in my opinion.

please do take this as a grain of salt as this merely are my own opinion.. please feel free to share what your thought..
peace..
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