LTC: Get ready for the halving spike
The halving spike historically has happened either roughly 30 days before or 30 days after the halving event. Many consider the recent run-up to $144 as being the halving spike. This is far from the truth, the recent run up was due to BTC's astronomical rise. Halving price spike has not been factored in yet.
Where is the proof? The fractal shows an upcoming spike, bullish divergence on the RSI and bottoming of the RSI and the fact that we are at the bottom of an upward channel. Current price action in a falling wedge.
Where is the proof? The fractal shows an upcoming spike, bullish divergence on the RSI and bottoming of the RSI and the fact that we are at the bottom of an upward channel. Current price action in a falling wedge.
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