Bold Solid Black appears as the center of price for LTC. Notice the November 14 selloff has a intersection of curves. That was the collapse of the coin price. LTC has to rise above Solid Red to begin its recovery. The next intersection is in the middle of February. LTC may dieor it be reborn (?). Late march to hold an event as well, possibly. Notice that there are several dashes parabolas that mince the Jag of the coins initial rise and adoption. ( March 17 to Dec 17 ) these features are brought forwards as quadratic extensions. The current weeks ahead are mapped by these parabolas and become key price levels. The Dec 13 2018 is the bottom of LTC price and it appears as the convergence or Solid Green, Bold Dashed Black and Solid Orange parabolas. Solid Orange is rooted in the Feb 4 to Feb 18 Rally .
This is the most pertinent Parabola. Important: Solid Red appears to be a Decaying maximal line. Solid Green is rooted as the minimal curve to the Jag . This envelope was abandoned by the Jag Nov 6, '18. This is less than pretty. LTC needs a new rally for interest inception and a better future. If it reaches Bold Dashed Black it may become resistance. I doubt LTC will find support on it once again. Otherwise, if looks hold, LTC stays where it is: hopping to reach Solid Red as support; with rallies between Solid Red and thin Dashed Black or Dashed Grey.
This is the most pertinent Parabola. Important: Solid Red appears to be a Decaying maximal line. Solid Green is rooted as the minimal curve to the Jag . This envelope was abandoned by the Jag Nov 6, '18. This is less than pretty. LTC needs a new rally for interest inception and a better future. If it reaches Bold Dashed Black it may become resistance. I doubt LTC will find support on it once again. Otherwise, if looks hold, LTC stays where it is: hopping to reach Solid Red as support; with rallies between Solid Red and thin Dashed Black or Dashed Grey.
Comment:
The tittle should be LTD/ USD not ( LTC/BTC )
