Paul Tudor Jones, master macro trader, called the 1987 crash perfectly with this method.
A speculative bubble rises with ascending trendlines. When the first trendline is broken, the entire bubble pops and returns to the initial trendline or below.
If LTC doesn't bounce at 0.0175 we are going to 0.0105.
A speculative bubble rises with ascending trendlines. When the first trendline is broken, the entire bubble pops and returns to the initial trendline or below.
If LTC doesn't bounce at 0.0175 we are going to 0.0105.
