Litecoin is just starting or about to start its next bull run cycle.
We know it's bottomed out because this green uptrend was drawn on a weekly timeframe that connects the bottom of the previous 3 starts of uptrends before a bigger move.
Anyways, we seem to finish the bleed from the move up to $139 back to where we started at around $45.
This is confirmed by the uptrend holding this level, almost squeezing price between that and the $45 support marked in red.
From here we should either see a violent spike up in price, or accumulation above the $45 support until we have a violent spike up in price.
I don't need any indicators to tell me what's about to unfold either, this is the science of trading.
As always please do your own research, I am not a financial advisor.
We know it's bottomed out because this green uptrend was drawn on a weekly timeframe that connects the bottom of the previous 3 starts of uptrends before a bigger move.
Anyways, we seem to finish the bleed from the move up to $139 back to where we started at around $45.
This is confirmed by the uptrend holding this level, almost squeezing price between that and the $45 support marked in red.
From here we should either see a violent spike up in price, or accumulation above the $45 support until we have a violent spike up in price.
I don't need any indicators to tell me what's about to unfold either, this is the science of trading.
As always please do your own research, I am not a financial advisor.