Hi friends! A quick update on litecoin! You can see that the anticipated TRIPLE BOTTOM is coming! There is a sort of pattern that looks like a head & shoulders but since it hasn't been able to complete the pattern by touching the orange line we can still think at a tripple bottom coming soon!
That's also considering other coins' trend. Look at Bitcoin for example and you will notice was not able to form a Head & Shoulders pattern neither. Even more it looks breaking down my magic triangle which brings us to the conclusion... : "Get ready for the last bottoming in this so long downtrend channel and get ready to pick up some good news this week! Sell now buy soon!
Ps: don't think all these above resistances we have will all be defeated at once as it might tke some time, just enough to celebrate 2018 EOY though! :)
That's also considering other coins' trend. Look at Bitcoin for example and you will notice was not able to form a Head & Shoulders pattern neither. Even more it looks breaking down my magic triangle which brings us to the conclusion... : "Get ready for the last bottoming in this so long downtrend channel and get ready to pick up some good news this week! Sell now buy soon!
Ps: don't think all these above resistances we have will all be defeated at once as it might tke some time, just enough to celebrate 2018 EOY though! :)