LTC breaks its ascending trendlines. Crash!

BTCE:LTCBTC   Litecoin / Bitcoin
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.
Thanks for mentioning the method source!
perfect so far.
+1 Reply
Interesting strategy. Do you have any resources about this method of analysis?

Also... why do you do watch the ltc/btc pair? Wouldn't it be easier/more reliable to analyze the USD pairs?
Going down to .0100 now?
djthistle01 Television
OTE is in the way. i am looking at that first.

I agree with the low, and was what i published when it was over $8 in price.
+1 Reply
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