Do Not See a Significant Drop Coming Anytime Soon.
It's possible they could be making a head & shoulders pattern in an attempt to fool everyone into thinking we will dump seriously down to $4,250 or lower. However, they may use that pattern to their advantage and still dump it a bit; but maybe only down to around $4,900 before beginning a pump for the LiteCoin block halving.
I may follow up with another chart publication instead of a video publication and draw lines of possible future trek in the 6h time frame.
I may follow up with another chart publication instead of a video publication and draw lines of possible future trek in the 6h time frame.
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I added more black diagonal trend lines. Which see:
Now I'm zooming in to see about where we could head to in July at the peak of a pump for the LiteCoin Block Halving:
A look at possible future trek of lines in the bottom indicator:
Now I'm zooming in to see about where we could head to in July at the peak of a pump for the LiteCoin Block Halving:
A look at possible future trek of lines in the bottom indicator:
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Update using the 3-Day Time Frame
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I'll provide another video publication later this evening.
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Daily (24h) WITH indicators:
Daily (24h) WITHOUT indicators:
Daily (24h) WITHOUT indicators:
The purpose of the chart BELOW is to allow you to see the key black diagonal trend lines I've drawn in parallel with the LARGE pitch fork in Purple. It's my opinion that diagonal trend lines should be given just as much precedence as horizontal support/resistance levels and horizontal FIB levels.