Well as we can see, we didn't even make it to the point of this and it broke out... first through the top, and then surprisingly through the bottom. I honestly have never seen this happen before. Is is a great example and wonderful learning opportunity that should come in handy for all of us. We can never be too sure of ourselves when it comes to LTC and reading chart patterns. I would estimate the 9 out of 10 ideas that I read all agreed that this was going to be yet another breakout that would vault us to the next .
We are still forming an incredibly sloppy chart, which tells us that LTC has a mind of its own and we will see things like this happen. I'd love to see LTC get to the $250 , but I don't know how long it will be before that happens. I still believe the long-term upside is tremendous, and the developments are absolutely stellar . But I still have the yellow "CAUTION" light out for anyone daytrading this coin.