Will LTC follow the path of ALGO?

It's a common bearish pattern. Algo played it perfectly.

Time will tell.

Commento:

It's starting to feel like I'm attacking all coins :D But whatever the charts say.

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It'd be a nice entry around here. Let's see. I have orders.

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I feel good about this idea for some reason :D

Commento:

Maybe this was it. Looks like we'll have to wait a bit long for another touch if it's going to happen.

Commento:

Let's hope this weird thing brings us a test.

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The only reason I'm not starting to build a short here is because I already have too much shorts. If I had seen this before, I would definitely take some risk.

Commento:

Nice.

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Nice nice :)

Commento:

Ascending triangle?

Commento:

Damn, don't this. I have orders around 87 :(

Trade attivo:

I am in! 86.5 entry.

Commento:

I've seen a similar hype at Algo's top. And I am an Algo holder. But I knew something was wrong when I saw the hype after a markup. They are probably selling to you last few days you know. Even if LTC's halving is bullish it's a long-term thing.

Commento:

There is some noise but still a good bearish pattern.

Commento:

Still holding the position with no change from 86.5. Can't see invalidation yet.

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I think this is fitting pretty well. Looks like it's lost but still showing strength to at least test it.

Commento:

I'm starting to believe this is it.

Commento:

What if the bull run frontrunner is also the retracement frontrunner?

Commento:

And what if it does this :D

Commento:

This daily started bad. Let's see if there is any strength to over over extend this.

Commento:

Guys. I think we have weakness here.

Commento:

Possible. Chop after parabolic trend break is not surprising. It's still a bad thing.

Commento:

Now we have a beautiful top on this as expected. Wen parabola for bears?

Commento:

Wow interesting strength here. Out of no where. I will wait until weekly close anyway but it wants attention for sure.

Commento:

What do this last two weekly candles make you think of? Just by the look.

Commento:

Bullish rejection for bears. Keeping the position with no change.