We should see a small rally and then a major drop to $2500-ish area.
We're going to retest the $5700-5800 support (which will probably fail and bring us to the hell - $4800), as we can clearly see the incoming breakout in BTCUSDSHORTS.
We can see that shorts are going to breakout. Expect massive BTCUSD sell.
Check out the Renko perspective on the price of BTC and let me know what you think.
My first ever analysis. There are two potential outcomes for LTC. The red one is more realistic in my opinion. What do you guys think?