LTCBTC Chart: Momental Lines Worth Heeding

BTCE:LTCBTC   Litecoin / Bitcoin
112 0 1
LTCBTC             Chart: Momental Lines Worth Heeding

Last week, we discussed the subtleties between momental lines vs. channels. We also touched upon the relevance of the slope in terms of support/resistance longevity.

Here is a chart that adds credence to this concept, where the channel lines are short-lived or unreliable, and the momental lines pick up relevance across a much more expansive span of time.

The difference is not semantic, but fundamental to understanding price wherever price lacks "reason" for its action.


David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out