One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .
Ltc price reached the lower end of the fib channel ,
That means we re still on an uptrend but on a slower growth due to the lack of volume,
Also the 0.236 fib level - white line of the fib taken from 106 high to 62 low, where the price action was unfolding around for the last few hours , happens to coincide with the 21 ema on the Daily ,
So we can see...
Hi, today we are going to talk about LTC!
The buyers' defense formed at the weekly time frame a hammer pattern at 61% of Fibonacci, such a pattern could be due to the fact of the continuity of the bullish movement on the Litcoin halving speculation. However, we should keep an eye on Bitcoin and its selling pressure, that can disturb the plans of Litcoin reach...
I'm learning TA and just following Mitch Ray's chart shown in this morning's video.
To summarise, if BTC breaks 12.4k (negating 3 falling peaks) and doesnt fall below 9.7k then this Long could be in play, once LTC reaches 137
Clean break at date of halving likely and price retracement should be long till then from now,possible trades in ranges if price steps up rangebounds then steps up again,impulse moves in price more likely after retest of trendlines or EMA/MA of greater timeframes.