Can't believe I didn't see this. Litecoin is going to get slaughtered.
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It's a f#cking perfect symmetry going on...
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Redid the chart cause I wasn't happy about it. Added some really old trend lines .
Still bearish ...
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I redid it again. Not posting here. This is a hard one. The problem is that there is multiple perspectives with the came center point for the Fibonacci circle set, resulting in slightly different versions.
$38.0 should be a buying opportunity though.
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If you bought at 38 you are right now in profit.
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Recap, this is how the crash looked...
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Litecoin looks stable.
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Why do you care about the short term trend in Litecoin, when the long term downward trend looks so dangerous? It's scary in my opinion. Keep a safe distance from this. It being neutral right now doesn't mean safe.
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Buy at $23
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Finding new patterns, optimism next year. But first one more crash, I hope for. Buy at $23.5
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