Here is the larger scale potential coiling of LTC mentioned in an earlier idea. Though waiting to be tested again, the support seems strong.
With all the excitement and popularity these days, crypto-coins don't seem able to maintain stability for long. So, it looks quite likely LTC will breakout sometime before the 20th January as its price amplitude gets too narrow, but which way will it go?
With all the excitement and popularity these days, crypto-coins don't seem able to maintain stability for long. So, it looks quite likely LTC will breakout sometime before the 20th January as its price amplitude gets too narrow, but which way will it go?
Comment:
Looks like the coil broke and the breakout came. Watching to see what the big money does after the panic selling fades. There is still the potential for this to be a spring before an upthrust, or if not some nice retracements to catch on the way down...
