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Litecoin
Long

LTC Weekly Long term chart

By shubbs
Litecoin (LTC) on the long term weekly chart is replicating the sideways consolidation move of 2015. In June 2015 LTC went over the $3.15 50 wma significantly and later came back to the 50 wma as support. LTC is now approaching the 50 wma again this year at $67. If it goes over it significantly and then retraces to the 50 wma as support, it tells me the sideways consolidation pattern is repeating in preparation for a more significant bull market in 2020.
Chart PatternsTechnical Indicators
shubbs
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