Short
Update: Still Bearish, Cautionsly ... | #LTCUSD #BTCUSD #Bitcoin
4xQ'ers,
Yesterday, we updated the chart following a significant decline as preempted by our earlier predictive analysis. As of today, we expect some price unwinding, respective of the overhead (red) trendline. However, as price broke through its upper bullish momental line, it is likely to reach its next lower level.
Targets offered are valued as expression of #Litecoin's relative strength against #bitcoin. Nonetheless, our predictive analysis and forecasting methodologies have proven reliable even on this chart, so we offer these targets in confidence and good faith. Notheless, always do your due diligence.
OVERALL:
Out look remains bearish. Interim unwinding to the upside might be capped by overbearing down-trendline.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Yesterday, we updated the chart following a significant decline as preempted by our earlier predictive analysis. As of today, we expect some price unwinding, respective of the overhead (red) trendline. However, as price broke through its upper bullish momental line, it is likely to reach its next lower level.
Targets offered are valued as expression of #Litecoin's relative strength against #bitcoin. Nonetheless, our predictive analysis and forecasting methodologies have proven reliable even on this chart, so we offer these targets in confidence and good faith. Notheless, always do your due diligence.
OVERALL:
Out look remains bearish. Interim unwinding to the upside might be capped by overbearing down-trendline.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.