From a larger time frame perspective, Litecoin has been oscillating repeatedly within a wide range. This consolidation phase may be nearing its end—the market is approaching the apex of an Elliott Wave triangle.
Don’t forget: a triangle pattern usually indicates that a directional breakout is imminent.
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OneBlockAtATime
· 16h ago
The triangle's vertex is approaching, but... we still have to watch the overall market's mood.
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DefiPlaybook
· 16h ago
I've heard the saying about the triangle's vertex too many times; the key is still whether the trading volume data supports it or not.
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GateUser-a180694b
· 16h ago
Triangle converging to the top, this move feels like it's building up for a big breakout. Litecoin will either surge or drop sharply—just waiting for the decision.
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StableGenius
· 16h ago
yo, everyone's suddenly an elliott wave expert now huh... triangle breakout incoming they say. lemme guess, we pump 3% and everyone loses their minds thinking it's "the one"
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On-ChainDiver
· 16h ago
Is it about to break the support again? Feels like I’ve been hearing this sentence for over a year.
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PumpingCroissant
· 16h ago
The triangle convergence is about to break. Will it go up or down? That's the real question.
LTC is currently at a critical position.
From a larger time frame perspective, Litecoin has been oscillating repeatedly within a wide range. This consolidation phase may be nearing its end—the market is approaching the apex of an Elliott Wave triangle.
Don’t forget: a triangle pattern usually indicates that a directional breakout is imminent.