LTC is on a consistent uptrend and the recent dip is formulating a great bullish ascending triangle A strong resistance at place, If broken it can send LTC to full price discovery.
ETH has just recently broke past swing high as past ATH resistance, now trying to broke another lean resistance, sit tight, this will be huge.
How far this downtrend will have to suffice??? Can BTC even just at least go further up to the past more decent downtrend channel. If not, we'll be seeing a 50k retest sooner, depends on how it'll fall, we can see a steeper correction below 50k. Dammit Bobos
Depends on how the 240 support treats itm it can go even more steeper correction wave at 214 support. But, I still believe there's still bullish momentum on LTC.
If in the following days, we don't find any bullish momentum, BTC can retest 50k, and depends on how that support reacts, I'm wishful that a mild bounce would occur that soon followed by the creation of another ascending triangle.
I have seen BTC Forks are eerily similar to BTC pattern. However, the most interesting part of the underlying opportunity is the price difference that leaves a greater percentage of profit. I think the consolidation phase is needed to gain bullish momentum, for the market to agree on a reasonable price for the token. On My prediction, My assumption was BTC is...
If no major announcement or use case difference were to happen along with these dates, especially that the smart contract is estimated to launch in August. We might just have another huge consolidation channel until June.
BTT is still on a bullish uptrend and is maintained in the channel, making a bullish consolidation.