Bitcoin is bullish & there are multiple individual strategies to show it. Here's yet another I've found.
LTC USD .618 level held like a steel wall during overnight drop, staying above $160. This was key level of support per the run-up earlier in the month. I've been expecting LTC to start a large bull run, and I believe this is the lowest it will go on its way up. In the event of a run, the target sells would be at the 1.618 and 2.618 sell areas indicated on this...
Falling wedge on LTC, currently suggesting indecision. Should LTC break downwards, next opportunity for break out is at $172 support. Should be clear in next 12 hours what is going to happen.
Fractal to December run up + forecast to next 2 months of Litcoin. BULLISH.
"BEAR" FLAG IN THE BEGINNING OF A DOWNTREND (BEARISH)
"BEAR" PENNANT IN THE BEGINNING OF A DOWNTREND (BEARISH)
"BEAR" PENNANT IN THE BEGINNING OF A DOWNTREND (BEARISH)
Bear Pennant with money flow oscillator already indicating bear divergence on S&P 500 chart.