LITECOIN LTC ALWAYS DUMPS AT HALVING
Updated
Hello Traders,
Litecoin LTC has always dumped when it approaches its halving date and It will probably do the same thing again.
Litecoin LTC has always dumped when it approaches its halving date and It will probably do the same thing again.
Comment
The Big Picture with LTC.Comment
LTC/BTC PairComment
LTC/BTC Pair looks like a bearish megaphone pattern in the right shoulder.Comment
Here is a better view of the chart which includes 3 halving dates. Notice the pattern of price before halving. Comment
I cant believe I didn't spot this massive H+S earlier. Purists might argue that the wick breaching the neckline on the left shoulder invalidates this pattern.Comment
LTC/BTC Pair Here is an update from my chart post on July 31st 2023.
The price has dropped around 50% and has hit the target area.
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