LTC/BTC reaching end of its 4 year pattern!
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Litecoin dominance has been a downtrend for four years by the end of February 2022 the pattern will break. As you can see even though its not the perfect Gann placement we still get very good reactions off the 4/1.
Also not sure how the MFI is exactly working on the dominance chart but it is so we can clearly see that it does show divergences pretty accurately. We created bullish divergence a while ago but still remained on a downtrend maybe its lagging this time round but normally its pretty accurate.
Out of all the coins I follow and chart this one for me is the most interesting , whats going to happen after this pattern breaks? This is not a small developing pattern its been years in the making a break to the upside could send ltc to new places.
I have a gut feeling something big is coming and its the "dino" coin coming back from the grave!
key:
"dino" = Dinosaur Coin
Dinosaur =Dinosaurs are prehistoric reptiles that have lived on Earth from about 228 million years ago.
Also not sure how the MFI is exactly working on the dominance chart but it is so we can clearly see that it does show divergences pretty accurately. We created bullish divergence a while ago but still remained on a downtrend maybe its lagging this time round but normally its pretty accurate.
Out of all the coins I follow and chart this one for me is the most interesting , whats going to happen after this pattern breaks? This is not a small developing pattern its been years in the making a break to the upside could send ltc to new places.
I have a gut feeling something big is coming and its the "dino" coin coming back from the grave!
key:
"dino" = Dinosaur Coin
Dinosaur =Dinosaurs are prehistoric reptiles that have lived on Earth from about 228 million years ago.
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