In 2015 Litecoin went from $1 to $8 in June-July. It then went into a long sideways consolidation move between $2.50 to $6 all the way to March 2017 for almost 2 years. Something similar has just happened in Litecoin this year as it has spiked from the Dec 2018 low at $22 to near $100 this week. I've illustrated that this pattern could be repeated. Litecoin...
In June 2015 Bitcoin's price rose over the 10 and 20 wma's. The 10 wma then crossed over the 20 wma. Bitcoin's price then in the next month rose to the 50 wma, about a 50% move. Now in 2019 Bitcoin's price has risen again over the 10 and 20 wma's. The 10 wma is about to cross over the 20 wma. Bitcoin's price looks like it may rise to the 50 wma in coming...
Litecoin (LTC) on the long term weekly chart is replicating the sideways consolidation move of 2015. In June 2015 LTC went over the $3.15 50 wma significantly and later came back to the 50 wma as support. LTC is now approaching the 50 wma again this year at $67. If it goes over it significantly and then retraces to the 50 wma as support, it tells me the...