Litecoin: possible double bottom forming

Litecoin reached an advanced line of 2 February, close to $ 100.20 for support of last resistance and a Fibonacci retracement of 78.6% with a medium-term recovery. Since then, a potential reversal of double down trend is made with the second lowest with $ 103.65. However, there is a break in the bottom and therefore there is no fast confirmation until the rally above $ 175.00 does not occur. SOURCE https://cointelegraph.com/news/equity-markets-vs-cryptocurrency-markets-weekly-performance-review-feb-5-11