I am only going to speak about the bull scenario. LTCBTC already broke out of long term falling wedge and retested it. Now it broke out of a descending channel and retested, which is very bullish. It is now in bull pennant. Measured move of the bull pennant is 0.007, but measured move of the pole is 0.008.
If LTCBCT breakdown from the pennant it will fall back into the channel, which I had explained in previous idea.
Another bullish sign, is that LTCBTC is not dropping even as BTC drop. If BTC recover, I envision it will shoot up.
If LTCBCT breakdown from the pennant it will fall back into the channel, which I had explained in previous idea.
Another bullish sign, is that LTCBTC is not dropping even as BTC drop. If BTC recover, I envision it will shoot up.
