There is some turbulence incoming, fasten your seat belts.
I'm expecting another major downturn before new year.
If it goes up the next few days it's totally okay, I'm still expecting a bearish future in a week or two.
Red line should be a brick wall but who knows. Maybe I'm wrong and it pushes through. I'm new to this so being wrong is perfectly natural. I'm just trying to understand and predict fate, I don't actually know for sure.
This is not clear yet...
Take this with a grain of salt...
Maybe (very much maybe) heading for $40
I found this "November 23" point after finally finding the long term bullish attraction point and giant Fibonacci (not shown below). I will present it later when it is a buying opportunity.
Let's see how it reacts...
Please excuse my double signals. I see both the optimism and pessimism at the same time. The pessimism is more obvious to me but right now LTC is looking strong. I bought when it crossed a key level (a fat black line). Once again sorry about my double signals, there is more to come. I am sure I'll buy some of the coins I at the same time say is going to crash... FYI this potentially unpleasant experience will happen again and again and again.