Update: Target Hit Dead-On! | #LTCUSD #LTC #USD #Litecoin

BTCE:LTCUSD   Litecoin / U.S. Dollar
1170 13 8
Yesterday, January 25th, we warned cryptocurrency traders that a significant rally was afoot. We offered a directional bias to the upside and defined a precise target level at 23.357.

As of this past 4-hour candle, the bullish target was hit dead on, however we remain bearish as to the overall outlook and directional potential of this chart for the time being. If any market reversal signal occurred, we would make sure to share any change in our directional bias.


David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting


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19 SEP 2014 - (Very Late) Update

I received a few requests to post a chart on LTCUSD from the BTCe exchange. I found the data interrupted and not as reliable. The forecast I offered here was easier when there was no disruption, but the daily chart is simply not that useful.

buying a bucket load soon.
Love it - keep it up. We'll be waiting with open arms at 15.565 ;)
Price is now consolidating right along that target level. Open arm invitation worked quite well for this chart. Cheers, David.
29 JAN 2014 - So far, so good ... 15.565 is coming to us. Well, price is moving to it. I will produce a new chart once a significant technical event occurs.


good stuff, you never cease to amaze
@chimbot - Thank you for the compliments. Very glad you like the forecasts. David
wooo I can't wait to load up at 15.
Do you guys consider the BTCUSD influence on LTCUSD when making charts on LTCUSD and LTCBTC? If not - why not?
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