Today my eyes on LITECOIN.. One of the oldest blockchain participants in the game...
The chart is looking very sexy...
definitely going to buy Litecoin because I have high hopes for layer 1 blockchains in the next run.. This in combination with Rollups projects.. Example MAtic and loopring etc...
Getting back to the chart.. We see the major trendline starting back all at 20 october of 2020 till now.. We see the minor more recent trendline and that support line.. Price makes a run, pullback another run and than pullback all the way back at that support line..
Well that wouldn't have been the case if the American indices didn't fall because of the Omicron variant on the 4th of December..
Most of the Altcoins have had a run recently getting back up after that day.. As you see Litecoin hasn't..
Price is ranging/accumulating getting ready for a blow off...
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