Just my mind, or are we watching a typical W shape form on LTC, this type of formations are common in other time frames. You can ask your self this questions: How its possible to go lower? ATL RN Do we have more down pressure left? Who is selling? if just crazy hodlers are left Do we have any crazy news? Like XRP already hype Call me crazy
The other line is of log limits, its kind of doge spring. No financial advice here but I will ride this idea a couple of years maybe some 10% of my portfolio or such.
We are in a relly bad shape if we cant maintain this level and if we retest and are down this is really bad for the price, at leaste it will take several years 2-3 to make a full comeback for the market
TEXT BOOK PATTERN ULTRA BEAR, IT CANT GO UP FOREVER
In year 2016 (btc halving) no spike of doge after the one in january please comment
You can see in the monthly the level of support. The bull its around the corner. This kind of behavior when the price don´t touch the support of the wedge, are commonly suggesting a bull move. LOAD THE BAGS!!
How the trend in the last years remain intact