LTC - $240 December 1st
Short term possible rise.
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ATH looking strong.Nota
$100 now.Nota
My stop was triggered at $92, my holding sold off.Nota
Bought at $84Nota
Refreshing with some volatility.Nota
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Zoomed in:Nota
Sold @ $93Nota
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Breaking out of the Fib. ring marked in red, a trend will appear...Nota
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Same lines as earlier zoomed in, nothing moved...Nota
Zoomed in more... What happens next? I don't know. I'll have an opinion when I got some new fresh money to invest. Right now Everything is locket up in OMG and RRT. I just follow up with some images, that's all.Nota
What I think happens now... Either it climbs to thousands which I think is unlikely... So I think first bounce at $50 up and then crash to $15-$20... LOL... But sure it could go to thousands of dollars also...Nota
Did some more charting. If the bull continues I think it can go to $780, if I had to guess that would happen in the middle of January.Nota
The setup below just makes sense. We go to around $800 as a top or we fall down to $50 level.Nota
Same chart zoomed in:Nota
My myserious pessimism about LTC could actually be that the founder, Charlie Lee, sold his entire LTC holding.Nota
Bouncing on rings.Nota
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I think LTC is heading for $130 and plateauing out there for some time.Nota
Some trend lines...Nota
Those black lines in the last chart converge at $700.Nota
You see that black line interact? :) I'm just going to put some updates here at random times...
LTC is too unsure for me so I FUD.
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Another random update...Nota
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Hmm...Nota
Just because I see patterns doesn't necessarily mean I know where it's heading...Nota
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36 hours until LTC breaks out of the outmost Fibonacci ring. Expect volatility when it breaks out.
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8 hours left,Nota
Hmmm...Nota
If someone understands what the pattern means, then please comment and argue why you think it will go up/down...Nota
It looks like it will go to $120-130 level to me.Nota
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Zoomed in:Nota
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The chart int the comment above important is good to know about. Look above...Hard resistance around $750, and can't go above $2000.
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Something messed up the text. You understand the point.Nota
To not destroy any beauty, it would be a good idea if it went down to $140 level at least before the rise.
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