LTCBTC: 1W Ribbon wide as ever and continued downtrend

Updated
As above.

No real short term turn around in the continued LTCBTC multiyear downtrend to me.

Madrid Ribbon still confirming downtrend on the 1W chart and its width is as wide as ever.

Good luck traders.
Note
Ok. Draining the swamp slowly... do we get to 0.002??
Note
Nice fakeout on the breakout but nothing has changed in the overall big picture.
Beyond Technical AnalysisLTCBTCTrend Analysis

Disclaimer