SpocksBrain

LTC-BTC might pop

SpocksBrain 업데이트됨   
POLONIEX:LTCBTC   라이트코인 / 비트코인
ssia
코멘트:
That was a wild ride.
코멘트:
Looking good. Testing the downward channel now. If it manages to break and continue up tomorrow, price should attempt to retest the multi-year downtrend resistance around .015.
코멘트:
This is getting interesting
코멘트:
So we broke the multi-year downtrend line with *some* volume but now its at the top of a huge pennant formed from the advance and accumulation earlier this year. If this somehow keeps going up and break the flag with volume, this ain't stopping for a while.
코멘트:
I find it more likely we get a throwback to the red trend line to test support and let the market cool off before starting back up, but really ... who knows. Enjoy the ride if your long and if your short ... good luck.
코멘트:
I'm going to go out on a limb here and call this bullish consolidation. Between the multi-month pennant line and the multi-year downtrend line. Importantly, it's consolidating above the multi-year line.

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