Hi friends! Welcome to this update analysis on Litecoin! Looking at the four hour chart, we can see that The symmetrical triangle has broken to the downside, in a continuation move that solidifies the pattern. At the time of yesterday's post, LTC was trading at 183.72. Today, LTC dropped to 160.29. That's about a 13% decline, in less than 24 hours. As you all know, my analyses are for educational purposes only, but if you would have shorted or sold LTC, based on my analysis, you would have recognized a healthy profit. Let that sink in for a moment. I'm literally throwing money at you — makin' it rain — Benjamins fluttering in the wind. How people could find ways to hate that, I will never understand.
thanks for drawing that out for us!!! I also tried to throw money at you but my SP isnt high enough. lol. upvoted tho!
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