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CONSOLIDATION, BEFORE ONE LAST MOVE UP
Litecoin / British Pound
CONSOLIDATION, BEFORE ONE LAST MOVE UP
Oleh Wolfskoll
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20 Jan 2020
7
20 Jan 2020
We have a double top now in play and a drop back to support. If this support breaks its a 30% drop!
We can see a triangle forming, a possible last consolidation before a move up, so why im I saying a move up?
We have seen a lot of action take place over the weekends were great moves up or down have happened. So why did we not see that this weekend?
Of course we could see it happen today and thats why you see two paths on this idea.
It would be stupid not to include both. But if we look back at this time last April you might see a similar move that happened.
Alts have continued to move up and we see BTC has held its price with no bigger drops than 200/250.
So I will be watching BTC to see if it holds any move below $8600 and its down for LTC.
So one last move up might be on the cards.
Wolf (just a noob)
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Wolfskoll
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