Is History Repeating?!? - Litecoin
The blue is an overlay of the 2013/2014 Litecoin crash.
The similarities are interesting, if history repeats itself it looks like a double bottom could form before breaking out of the downtrend and entering another accumulation phase. Litecoin led the last bull market so it could begin to show bullish momentum before Bitcoin this time as well.
I am not assuming anything until the technical trend changes though, this is just something to be aware of.
*This is not financial advice. For entertainment and educational purposes only.
-Brad
The similarities are interesting, if history repeats itself it looks like a double bottom could form before breaking out of the downtrend and entering another accumulation phase. Litecoin led the last bull market so it could begin to show bullish momentum before Bitcoin this time as well.
I am not assuming anything until the technical trend changes though, this is just something to be aware of.
*This is not financial advice. For entertainment and educational purposes only.
-Brad
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