LTC matches BTC previous crash! Reversal Soon to the Upside
LTC current crash is very similar to BTC's last previous .
Comparing the BTC structure with LTC,
In both structure, the major downside move came right after rejection from 0.702 retracement.
Going by the BTC previous crash structure,LTC is right at the support zone from where BTC bounced off several times before reversing to the upside.
Support region for LTC : 161-165usd
Looking at the market leaders,SOL and LUNA ,they both struggled right at this level in their structures before breaking into new highs.
LTC has always been one of the first ones to top out in altseason rallies historically in the top 10-20.
It may be the last major hurdle for LTC before breaking into fresh All Time Highs.
#altseason2021
#bullrun2021
#endingphaseofthemarketcycle
#NFA
Comparing the BTC structure with LTC,
In both structure, the major downside move came right after rejection from 0.702 retracement.
Going by the BTC previous crash structure,LTC is right at the support zone from where BTC bounced off several times before reversing to the upside.
Support region for LTC : 161-165usd
Looking at the market leaders,SOL and LUNA ,they both struggled right at this level in their structures before breaking into new highs.
LTC has always been one of the first ones to top out in altseason rallies historically in the top 10-20.
It may be the last major hurdle for LTC before breaking into fresh All Time Highs.
#altseason2021
#bullrun2021
#endingphaseofthemarketcycle
#NFA
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。