LTC is in a massive Wyckoff Accumulation

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I see LTC is in the same accumulation structure as XRP was. XRP structure was for around 2.5 years and LTC’s accumulation is currently 3.5 years. Longer the base, the higher the space. LTC is showing continued higher lows, even holding a higher low after cryptos biggest liquidation in history. This shows sellers are extremely weak. Just need positive market conditions to line up, so demand can show up. Once you get the spark when demand shows up, I anticipate that next move up will be the actual mark-up – especially after LTC has shown clear phases of Wyckoff being completed such as Sign of Strength (SOS) and the Back up phase. You can also see that SOS went to the same point in price that XRP’s SOS went to – the preliminary support before Selling Climax (SC).

submitted by /u/Xrpthestandard6969 to r/litecoin
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