Litecoin will copy 2018-2020's cycle
Hey guys.
As you can see on the Litecoin charts in the past, a noticeable ABC correction wave is visible. If we take the similarity ratios of 1.375:1 (490D & 357D) and apply it to the current cycle, we can determine the next local top. 70 Days * 1.37 = 96 Days from the C bottom correction wave. These numbers are from the May-July correction, based on the 2018-202 cycle, we can mirror that and possibly find a top. Expect in June for Litecoin to hit around $300-400.
Safe Trading,
-Pulkanator
As you can see on the Litecoin charts in the past, a noticeable ABC correction wave is visible. If we take the similarity ratios of 1.375:1 (490D & 357D) and apply it to the current cycle, we can determine the next local top. 70 Days * 1.37 = 96 Days from the C bottom correction wave. These numbers are from the May-July correction, based on the 2018-202 cycle, we can mirror that and possibly find a top. Expect in June for Litecoin to hit around $300-400.
Safe Trading,
-Pulkanator
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