Yesterday, we updated the chart following a significant decline as preempted by our earlier predictive analysis. As of today, we expect some price unwinding, respective of the overhead (red) . However, as price broke through its upper momental line, it is likely to reach its next lower level.
Targets offered are valued as expression of #Litecoin's against #bitcoin. Nonetheless, our predictive analysis and forecasting methodologies have proven reliable even on this chart, so we offer these targets in confidence and good faith. Notheless, always do your due diligence.
Out look remains . Interim unwinding to the upside might be capped by overbearing down-trendline.
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting