Litecoin ( LTC ) VS Bitcoin ( BTC ) - Update

in #cryptocurrencies2 years ago (edited)

Litecoin is currently in a consolidation phase

Within two days, the matter should be clarified

On the chart H1 we can see that the price is close to 0.618 according to the fibonacci level

H1 Chart

According to me it will be a key moment because the price has to break through and break our trend lines

I am expecting more declines as increases by looking at chart histories

When it comes to the D1 chart, the price is also high at 0.786 fibo line, which gives me another signal that the price will be more willing to go down

D1 Chart

Point 0.5 how many people know is the strongest, so we expect that the price will fall to this point more than it will go up.

Watch the price and then act

1H Chart

D1 Chart

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