LTC 1W Bearish Analysis

A bearish analysis for your consumption. Time spent on creation was 2 hours. Will cryptocurrency/precious metals see a decrease into 2026-2027 followed by another bull market? This would consolidate and eliminate a lot of other alternate cryptocurrencies. Such is life.

Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin's original source code. Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use.

註釋

Giant ABC Corrective on wave (3) down. How do you profit from this? Buy anything lower than $13 and sell for 241% on wave (4) retracement $39 which would be short as wave (1) -> (2) was long. Literally the bottom buy. Tandum price with precious metals such as gold seeing a decrease possible. LTC/USD 1W Weekly bearish divergence on MACD. Head And Shoulders (hidden because neckline is higher on the right side than left).