Latest LTC hypothesis - 140/150 or 230?

13 thg 3, 2018

If LTC price action breaks the black line and closes a 4 hour candle below 173$, then the targets 140 and 150 will be in play. Until then, if LTC can maintain this current upward channel, we could see the end of the correction and a test of 217 and maybe 230.

13 thg 3, 2018

Ghi chú

14 thg 3, 2018

Ghi chú

LTC broke down from the channel.. if the black support line breaks, I have this as a general plan

14 thg 3, 2018

Ghi chú

i sold at 171.50 and bought back in at 166. noticed bitcoin was testing bottom of flag/top of channel, aborted trade until BTC breaks down. if it does i can re-sell

15 thg 3, 2018

Ghi chú

re-sold @166.50.. could see it coming.

16 thg 3, 2018

Ghi chú

triangles keep forming and breaking down

16 thg 3, 2018

Ghi chú

there can be a rising wedge forming until LTC breaks the heavy resistance around 173, so i will become bullish on LTC and consider the correction over if LTC can break above that level

16 thg 3, 2018

Ghi chú

if LTC breaks down the bottom of the wedge, we can see 140 ish as a target

17 thg 3, 2018

Ghi chú

20 thg 3, 2018

Ghi chú

watching for a breakout of this triangle to determine where the market may be headed

21 thg 3, 2018

Ghi chú

so now we have good confirmation of a bull rally. watching the red line for good resistance. I still have this area as the top of the overall downtrend. if we can break above this line @ 182, then I will become bullish

21 thg 3, 2018

Ghi chú

here we can see the big picture

23 thg 3, 2018

Ghi chú

currently watching this triangle formation for breakout either way

23 thg 3, 2018

Ghi chú

I think if it were to break down it could be double bottom ish at 137, possibly testing the rising blue trend line.

24 thg 3, 2018

Ghi chú

potential H&S gives a target of 137, testing the blue trend line as well at the same point. gives it credence. will continue to watch LTC for a breakout either way and be ready for either way as well.

24 thg 3, 2018

Ghi chú

If the triangle broke up and polished off the inverses H&S it would form, we'd expect a move to roughly 215