LTC: Working on Sign of Strength Event in Phase D

2 feb 2023

Hi Everyone! Litecoin very much looks like we have made our transition from Phase C into Phase D with a Sign of Strength event. That "Sign of Strength" is not done yet. We are still working on it before we "eventually" begin our "Back-Up/Last Point of Support" event in Phase D. As pointed out in the video; we still have quite a bit of upward pressure remaining when we look at the 2-Week time frame. Also, let me remind you we have a Block Halving Event approaching the last week of July or first week of August. So, the "timing" of this Sign of Strength event is spot on in my opinion.

I'm would rather wait until the next 2-Week candle and the next 19-Day candle before providing an idea of "where" this Sign of Weakness may find its "peak" before beginning our "Back-Up/Last Point of Support" event in Phase D.

I hope this was helpful...

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Happy Trading and Stay Awesome, Everyone!

2 feb 2023

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Short Term Group:


Near Term Group:


Mid Term Group:


Long Term Group:


Macro Group:


Super Macro Group:

2 feb 2023

Nota

UPDATE:

I messed up and did not have the "Abbreviations" Text Bubble within full view in this schematic chart. So, posting it again...