LTC Parabolic Trend Violated, H&S Formed, Target $65 (or $20).
Litecoin parabolic run is over (red line).
Bearish H&S pattern formed successfully (blue).
Next support is around $64 (black line).
You fell for the litecoin scam. You got rekt by Charlie Lee; the parabolic trendline was violated shortly after his comment of halving having been priced in. He was not wrong, you were just stupid for buying a coin that has a trackrecord of its price being deliberately trashed by its creator.
If $65 doesn't hold, 90% chance it won't, next target is $20.
RIP Litecoin Fools.
Bearish H&S pattern formed successfully (blue).
Next support is around $64 (black line).
You fell for the litecoin scam. You got rekt by Charlie Lee; the parabolic trendline was violated shortly after his comment of halving having been priced in. He was not wrong, you were just stupid for buying a coin that has a trackrecord of its price being deliberately trashed by its creator.
If $65 doesn't hold, 90% chance it won't, next target is $20.
RIP Litecoin Fools.