Volumespreadanalysis
Litecoin: Potential Wyckoff Distribution RangeHere's a schematic I drew out replete with some volume spread reads which seem to indicate LTC may be fixing to distribute. If we rally above TRR we must take caution to ensure we are not buying into a liquidity grab before the LPSY dump. If you chose to swing this, the lower retracement levels are ideal profit-taking/selling opportunities; for longer-term hodlers they can serve as reliable DCA junctures.
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Not financial advice. Always DYOR & trade at your own risk.
BLXBitcoin's historical waves have not ended yet, there is still the last wave, and it is the fifth wave, but after the end of the fourth wave's decline, which is close to ending at $10,000 levels as an area, from which it will begin to rise, an impulse that extends an average number of two years of rise, ending in the fifth historical wave of Bitcoin