LITECOIN LTC ALWAYS DUMPS AT HALVING

Hello Traders,

Litecoin LTC has always dumped when it approaches its halving date and It will probably do the same thing again.

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The Big Picture with LTC.

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LTC/BTC Pair

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LTC/BTC Pair looks like a bearish megaphone pattern in the right shoulder.

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Here is a better view of the chart which includes 3 halving dates. Notice the pattern of price before halving.

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I cant believe I didn't spot this massive H+S earlier. Purists might argue that the wick breaching the neckline on the left shoulder invalidates this pattern.

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LTC/BTC Pair
Here is an update from my chart post on July 31st 2023.
The price has dropped around 50% and has hit the target area.