LITECOIN (LTC) Update: Sizable Bounce could be possible

in #bitcoin7 years ago

Not the prettiest H&S formation but passable. As price has risen above the Neck Line (blue), the minimum target of $79.15 is probable. Again, the Bitcoin Bear temperament needs to be watched closely.

The fact that most coins are having similar pattern means that sentiment is going to take a bounce up for a little while. Let's re-assess the landscape tomorrow.


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Thank you very much for an update. Could you please take a quick look at NAV? Is it at the beginning of a new market cycle?

Here is the NAV analysis. Please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/navcoin-nav-update-head-and-shoulders-but-bullish-or-bearish

GREAT! thanks for share.

past few days have been riding waves nicely... been quite predictable movement for the big 3

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