LITECOIN LTC ALWAYS DUMPS AT HALVING

Hello Traders,

Litecoin LTC has always dumped when it approaches its halving date and It will probably do the same thing again.

Komentarz:

The Big Picture with LTC.

Komentarz:

LTC/BTC Pair

Komentarz:

LTC/BTC Pair looks like a bearish megaphone pattern in the right shoulder.

Komentarz:

Here is a better view of the chart which includes 3 halving dates. Notice the pattern of price before halving.

Komentarz:

I cant believe I didn't spot this massive H+S earlier. Purists might argue that the wick breaching the neckline on the left shoulder invalidates this pattern.

Komentarz:

LTC/BTC Pair
Here is an update from my chart post on July 31st 2023.
The price has dropped around 50% and has hit the target area.