LTC next Market Structure?!?
Here is an updated look at LTC going into January 2018. Based on what we have done; previously, (I am Very Bullish) we should see a repeat on a larger scale, previous patterns!
The "Bullish Pennant," should produce a Pop to the upside putting LTC into another, higher Longer Pennant formation (Purple Triangle) or the Next Impulse wave/ leg 1 (Red Squiggly Line) of the New Market Structure may yet bounce off the $355 price range then back down again around (probably North of $250).
Like I have stated before; in previous Charts. I am not Afraid a being WRONG, nor am I Afraid of sticking MY NECK out there...unlike so folks who post their Charts. I would caution that this Chart is "Bullish," and OPPTOMISTIC towards LTC. I am certain that by the end of this Month that MANY LTC FANS will be VERY-HAPPY!!!
Keep your eyes on the VOLUME, especially the 24 hour Volumes. F.Y.I. I went to COINBASE, yesterday (1-4-2018) and at the TOP of the Login for Coinbase was a WARNING SIGN...
"DUE to LARGE Volumes, trades may not be possessed immediately; i.e. backlogged"?!?! (That should tell YOU everything you need to know)?! WE should/could expect a POP up in Price for LTC VERY SOON! I know its been a nail-biting experience for most of US "HODL ers," but sit tight...once we spike up again in LTC (all Crypto-Coins) we will see another retracement to Lower-Highs and Higher-Lows. (Expect your typical "Elliot Wave Retracements of 38% - %50," as is often the case/approximate range correction.
Everything is an educated guess as to where this Market will go... so don't get too depressed especially when an "Expert/Pro Trader," tries to tell you or show you that they are "always correct"...that's not true. Although, the Crypto-Coins are by far More Forgiving and Much Easier for Experts/Pros to suggest where the Market will go...(Target Range, is just a Target Range).
Simply Compare and Contrast this Chart Post with the multitude of other Chart Posts and you will begin to see where the Market will probably go as more Charts tend to indicate likely "TRENDS," and unlikely projections. (This is why We use Trading-View)!!
Remember, at the End of the Day we are all left with the TRUTH/Facts; therefore, making mistakes and getting it wrong leaves Us All with the TRUTH/Facts. Everybody WINS!!!
Memento Mori = Your Only Human, too error is Human...Memento Mori!!! ; )
You are NOT Martin Armstrong and He is Not You!
The "Bullish Pennant," should produce a Pop to the upside putting LTC into another, higher Longer Pennant formation (Purple Triangle) or the Next Impulse wave/ leg 1 (Red Squiggly Line) of the New Market Structure may yet bounce off the $355 price range then back down again around (probably North of $250).
Like I have stated before; in previous Charts. I am not Afraid a being WRONG, nor am I Afraid of sticking MY NECK out there...unlike so folks who post their Charts. I would caution that this Chart is "Bullish," and OPPTOMISTIC towards LTC. I am certain that by the end of this Month that MANY LTC FANS will be VERY-HAPPY!!!
Keep your eyes on the VOLUME, especially the 24 hour Volumes. F.Y.I. I went to COINBASE, yesterday (1-4-2018) and at the TOP of the Login for Coinbase was a WARNING SIGN...
"DUE to LARGE Volumes, trades may not be possessed immediately; i.e. backlogged"?!?! (That should tell YOU everything you need to know)?! WE should/could expect a POP up in Price for LTC VERY SOON! I know its been a nail-biting experience for most of US "HODL ers," but sit tight...once we spike up again in LTC (all Crypto-Coins) we will see another retracement to Lower-Highs and Higher-Lows. (Expect your typical "Elliot Wave Retracements of 38% - %50," as is often the case/approximate range correction.
Everything is an educated guess as to where this Market will go... so don't get too depressed especially when an "Expert/Pro Trader," tries to tell you or show you that they are "always correct"...that's not true. Although, the Crypto-Coins are by far More Forgiving and Much Easier for Experts/Pros to suggest where the Market will go...(Target Range, is just a Target Range).
Simply Compare and Contrast this Chart Post with the multitude of other Chart Posts and you will begin to see where the Market will probably go as more Charts tend to indicate likely "TRENDS," and unlikely projections. (This is why We use Trading-View)!!
Remember, at the End of the Day we are all left with the TRUTH/Facts; therefore, making mistakes and getting it wrong leaves Us All with the TRUTH/Facts. Everybody WINS!!!
Memento Mori = Your Only Human, too error is Human...Memento Mori!!! ; )
You are NOT Martin Armstrong and He is Not You!
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