LTC: Sign of Strength Still Underway to $141 and $174 Range
Hi Everyone! Appears we are still working on our "Sign of Strength" event in Phase D of Accumulation. We can go up to $135 quite easily in the 6-Week time frame; which see below:
6-Week Time Frame:
RED TEXT BUBBLE:
Red Line is above level 50 to trigger upward pressure in this 6-Week time frame.
This upward pressure will last until the White Energy falls down to Level 58.
Why did I not say, "upward pressure continues until white energy falls to level 50?
That's because our White Energy went up to level 116. Which means we should
half 116 to get 58. Upward pressure continues until white energy falls to level 58.
Since the Red Line is at Yellow Level 50, it's telling us the current fair market value
is currently just above the Yellow B-Band Basis; which is currently at $134.07. So,
we can see $134.07 quite easily over the next 25 days remaining in the current
6-Week candle. The White Energy still has a long way to fall down to Level 58.
Here's a look at the White Upper B-Band in the 4-Week and 5-Week time frames. These are the two time frames suggesting we could go up to a range somewhere between $141.xx and $174.xx
This is NOT a short term analysis. This is not necessarily a Near Term analysis either. This is more like a Mid Term Analysis for the next 25 Days remaining in the 4-Week and 6-Week time frames. Of course, the 6-Week shows us going up to the Yellow B-Band Basis around $135 quite easily. Should you consider taking some profits off the table at $135 price point? Sure... While letting the rest ride up to potentially somewhere between $141 and $174.
I hope this was helpful. Please take a moment to click the rocket icon in the bottom right just below the chart publication. This helps my ideas move up in the que of crypto ideas.
Thank you very much for your valuable time!
Stay Awesome!
David
6-Week Time Frame:
RED TEXT BUBBLE:
Red Line is above level 50 to trigger upward pressure in this 6-Week time frame.
This upward pressure will last until the White Energy falls down to Level 58.
Why did I not say, "upward pressure continues until white energy falls to level 50?
That's because our White Energy went up to level 116. Which means we should
half 116 to get 58. Upward pressure continues until white energy falls to level 58.
Since the Red Line is at Yellow Level 50, it's telling us the current fair market value
is currently just above the Yellow B-Band Basis; which is currently at $134.07. So,
we can see $134.07 quite easily over the next 25 days remaining in the current
6-Week candle. The White Energy still has a long way to fall down to Level 58.
Here's a look at the White Upper B-Band in the 4-Week and 5-Week time frames. These are the two time frames suggesting we could go up to a range somewhere between $141.xx and $174.xx
This is NOT a short term analysis. This is not necessarily a Near Term analysis either. This is more like a Mid Term Analysis for the next 25 Days remaining in the 4-Week and 6-Week time frames. Of course, the 6-Week shows us going up to the Yellow B-Band Basis around $135 quite easily. Should you consider taking some profits off the table at $135 price point? Sure... While letting the rest ride up to potentially somewhere between $141 and $174.
I hope this was helpful. Please take a moment to click the rocket icon in the bottom right just below the chart publication. This helps my ideas move up in the que of crypto ideas.
Thank you very much for your valuable time!
Stay Awesome!
David
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