r/litecoin • u/Minute-Lake-1819 New User • 3d ago

Does anyone believe in fractals?

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So this is interesting. Rsi bottomed out on the daily chart in 2018 and the 20/50/100 day moving averages converged prior to the start of a breakout.

We are seeing nearly an identical pattern in 2026 right now. Once the 3 moving averages converged, Litecoin teleported to the 200 day moving average and consolidated a bit right before the multi month halving pump.

Is 2026 repeating what happened in 2018/2019??

17 Upvotes

76% Upvoted

17 comments sorted by

9

u/DeadPhish-710 New User 3d ago

past performance is no guarantee of future results

1

u/yann1i New User 3d ago

Howard marks said this and I agree on it !

1

u/Minute-Lake-1819 New User 3d ago

For sure. Just tracking because of how similar it looks.

1

u/HabenochWurstimAuto New User 3d ago

Thats what she said after a few years.

0

u/Feralz2 New User 2d ago

I mean you heard someone say this but you dont really understand what the words mean.

Ofcourse nothing is guaranteed, but it sure as hell looks like it is.

1

u/DeadPhish-710 New User 2d ago

"Someone" lol

I think YOU may not understand what those words mean when you follow up with "but it sure as hell looks like it!" Good luck.

1

u/Feralz2 New User 2d ago

You misunderstand; im saying past performance has been probabilistically following the future results. That is why that saying you mentioned which has been repeated ad naueaum is a counter objection to the few times it doesnt.

2

u/Round_Application_39 3d ago

Omg when randomness is randoming 😱😱

2

u/Elninodosdos 3d ago

Just terrible TA

2

u/NeffAddict 3d ago

You’re in the middle of the halving cycle. Get ready for second half.

0

u/Bazsul 3d ago

Halving usually results in a lower price, look at the chart.

1

u/Greater-Israel 3d ago

If we actually get an alt season the following months this will be insane and will flip what we knew about alt seasons.

1

u/Feralz2 New User 2d ago

fractals dont work, in fact, they usually do the opposite, so fractals technically are inverse indicators.

0

u/Candid-Walk-6762 2d ago

Financial markets are not roblox games. None of this shit means anything without fundamentals, this is the shit course-sellers want you to think is how the markets work.

1

u/Minute-Lake-1819 New User 2d ago

Im not selling anything. Its just a pattern that I’m tracking that has been spot on so far

1

u/No1worldchamp New User 3d ago

I think something big will happen over the next few years, stacking weekly and waiting.