UncannyDeduction

LTC - $18.3 at 3 February

UncannyDeduction 업데이트됨   
BITFINEX:LTCUSD   라이트코인
I'm expecting a bottom at $18.3 February 3:d.
The head and shoulders structure is too perfect.

This is just one perspective. There is multiple ways to look at LTC. This is just the structure that I think will be dominant in the short term....
코멘트:
Wops... The text in the chart shows 2:d February. It should in fact be the 3:d. More or less the same...
코멘트:
$41 is actually a very important resistance (maybe not in the future anymore). So in my opinion it's important that LTC approaches this resistance in an utterly graceful way. Creating this 100% perfect head and shoulder pattern is like a man putting too much wax in his hair before making his move on the female counterpart. The counterpart may look though the well polished exterior.
코멘트:
And if I'm wrong (which I very well could be) I think LTC will go to $123.
코멘트:
When looking at the rest of the market, I'm seeing a false smile trying to hide a grin. I'm also recognizing some typical stuff from earlier in this bear market. So much is familiar I'm temted to just call this market a dead cat bounce.

IOTA for example looks so scary I'm not even willing to make an idea about it - it would just look silly and I've got too much of those silly ideas. So this LTC idea is more mature. It's just a 50% drop.
코멘트:
If it breaks above $42.0 consider this idea closed down...
코멘트:
Yeah yeah yeah, it went a few cents above $42.
I still think it's too early to close this idea down.

Flash crash is possible, due to stop losses being triggered.
Don't be surprised if it happens.
코멘트:
Could flash crash all the way down to $17.6
(A more controlled crash like expected is still with a target at $18.3)
코멘트:
코멘트:
That's a real H&S. Like a deer it's trying ho hide behind the trees. It's created organically. Wops, all of the sudden it was just there. Not expected. Not taken into account.
코멘트:
"Houston we have a problem"
코멘트:
This is another perspective of LTC. I currently have two charts that are distinctly different that are both valid. Sure I could superimpose them on eachother, and maybe I'll do that at some time. When looking at the chart you notice the strong and how the price is reacting to it. These charts I use is very old and was drawn as they look now.

코멘트:
코멘트:
Big crash coming soon.
매매 수동청산:
CLOSING THIS LTC IDEA DOWN.
IT IS MOST PROBABLY FAULTY.
TOO BEARISH.
코멘트:
Just one last comment...

Note that if you press play on this chart you notice how LTC is moving directly towards what the arrow points at. This fascinating coincidence is something that I think will not hold forever. I'm going to tell when this will change (in my opinion).
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