KondrackiKarl

Litecoin Formed a Reaccumilation Pennant Stepping Stone

Long
COINBASE:LTCUSD   Litecoin
Looks like we have formed a flat top rising bottom pennant.
From what i am reading is
Absorption at higher level reaccumulation stepping stone with shakeout
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels

Comment:
Maybe now is a good time for LTC/BTC to turn around?
Inverse Head and Shoulders?

Comment:
Well that LTC/BTC pattern sure wasnt a H&S. Was wondering when that pair would turn around.

Current LTC/USD Phase interpretation

Comment:
Well I was wrong... distribution it is


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