Been watching this long term W pattern for a while now and it's coming along nicely. Current trendline has it hitting 230 on June 1. With today's action the angle of the trend line may change and move the date closer.
Giant W pattern still in play, big drop didn't break support. Added green arrow today, hard to see this happening in this bearish environment but maybe the bottom is in.
There's a large W pattern that shows the potential for $360 LiteCoin. Key is to break $230, W pattern is common and only breaks about 50% of the time but if LTC goes through $230 with volume then watch out!
