Litecoin about to break flag pattern, bullish move coming
After a big drop since the last week or so, Litcoin just hit a key resistance which indicates us that the trend has changed and went from bearish to bullish. Since it's beginning in the cryptoworld, litcoin has seen a beautiful rise. There are no indicator that tells us that it's rise is finished. We know that a crypto can't go up for eternity, it has to do retracements and this flag pattern is the perfect example of one.
If you look at my other analysis I posted earlier today on NEOBTC, you can clearly see that a lot of currency that are linked in a way or others are doing a really similar pattern. This pattern is the exact same than what ethereum did when it fell from about 400$ to 200$ before going back up to his higher price ever recorded.
If you look at my other analysis I posted earlier today on NEOBTC, you can clearly see that a lot of currency that are linked in a way or others are doing a really similar pattern. This pattern is the exact same than what ethereum did when it fell from about 400$ to 200$ before going back up to his higher price ever recorded.
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