Litecoin is mirroring its movements during the 2017 bull run.
We are currently in an ascending channel just as we were in 2017 and we are also seeing some divergence on the RSI.
Using the fractal from 2017 and placing this over the current ascending channel we are in shows that there may still be some time remaining in this pattern to accumulate more before we breakout to the upside. From here, we could potentially hit over $2000 giving us an approximate 500% ROI from current prices.
We are currently in an ascending channel just as we were in 2017 and we are also seeing some divergence on the RSI.
Using the fractal from 2017 and placing this over the current ascending channel we are in shows that there may still be some time remaining in this pattern to accumulate more before we breakout to the upside. From here, we could potentially hit over $2000 giving us an approximate 500% ROI from current prices.