Found this pitchfork to be very useful on higher time frames. Midway channel support held nicely. Now looking for a break and hold above the blue line for continuation to the upside.
Litecoin has formed one of the most massive Adam & Eve pattern I've ever seen. The last time LTC broke out of a similar pattern back in 2017 it went over 8500%. At this time of writing LTC is still 62% away from it's ATH.
Is it just me or does anyone else think LTC is still undervalued even at the current price? A $420 Litcoin sounds dope right. Atm I'm looking to see wave 3 end at the 3.618 or maybe the 4.618 if there's enough volume and momentum.
Cleaned up the fractal. Other one was getting whacky. Switched to 1 hour time frame and scaled the fractal to better match the candlesticks. Still looking good, ETH should start to go in to price discovery mode once again.
EOS has been dead/accumulating for a while now and its finally starting wake up. Now EOS is preparing itself for another big move. Bullish Pennant forming on the smaller time frames. Lets see if it can break upwards.
BTC must continue to hold above the blue line of the pitchfork . If so, short term price target to $46500 - $47000.
Fractal of BTC when it broke its ATH at 20k. Not a huge fan of fractals but I'm surprised ETH seems to be following it quite well so far.