Using the same confluence indicators and time based analysis for litecoin:native as $BTC, here's the chart. Price will still maintain a higher low if it corrects to the .618 fib level while still maintaining the current angle of attack in its decent. As you can see, I'm trying to create confluence for each asset as aligned with my thesis on the Bitcoin low and when I think that might happen. As always, this is a thesis based on the charts alone as there is never any guarantees!
Eric Van Tassel (Not a Financial Advisor!)Share
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