diego.quevedosanchez

LTCUSD change of trend?

COINBASE:LTCUSD   Litecoin
The bear market of the cryptocurrencies, from my point of view, is in its final phase, a so parabolic ascent, it has a correction of 80% minimum, a requirement that has been fulfilled 100%, another requirement excessive pessimism, another that has been fulfilled, the violent upward movement yesterday, is a clue that the bear market is over, right now I think we are reaching a level of indecision, it may be premature to think that the litecoin will start a sustained movement upward, the most likely is that the price will fall back towards the lower part of the ascending channel, so from there moving in zigzag a certain LTC would have terminated the bear market, so much caution, but the truth is that the bear market gives its last collections.

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