LTCBTC Maybe ahead of a big sell-off

 

Nothing fancy here just a simple comparison of the recent price action with June 2016, when LTCBTC also nose dived after a failed Golden Cross on the 1D chart. The result then was a nearly -70% drop. If the pattern is repeated then the price can decline as low as 0.0025.

Tradingview link:

https://www.tradingview.com/chart/LTCBTC/gjeqg3TL-LTCBTC-Maybe-ahead-of-a-big-sell-off



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