WyckoffMode

LTCUSD to go Sideways While BTCUSD Goes Up to Set the Stage...

POLONIEX:LTCUSD   Litecoin / U.S. Dollar
...for Going Up the Last Week of May or First Week of June. The main reason for this is to squeeze/liquidate margin longs on the alt-coin/bitcoin pairs. Which see:


I will need to create a NEW LTCUSD publication to reflect what I've mentioned in this video publication.
May 10
Comment:
May 10
Comment: I did not do the math for LTCBTC to collocate with the prices seen in LTCUSD and BTCUSD on the dates indicated by the Vertical Time Lines. However, I believe the LTCBTC chart on the very bottom gives a decent picture of it's possible future trek.

Comments

At 11:40 you mention the potential shake out, but still remain within the blue channel... All I want to add to it is that in order for the price to have that big of a rebound/rubberband effect, it must go below a market expectation, meaning it has to go below the blue channel. This will allow for a condition where it will be easier to cross back into the channel without being much of a resistance, and also be able to cross multiple MA's on smaller time frames as they will more likely come closer together and become only 1 resistance point.
Also, I am calculating that May 19th will be the dump day, if there does turn out to be a dump. I to am calculating $60 being about where it will be dropping down to (you say $58, same thing basically).
I agree this one will be a big move. I am wondering if there will be heavy news backing it up.
Also I notice that Cardano is now turning over from it's month-long downtrend, and is starting to go sideways. On Cardano I am also coming out to a small pump, but being dropped back down to current levels when the BTC/LTC dump happens, which may also set up the coin for a move up. Sometimes I wish these markets had movements of their own and not dependent on others, then again sometimes I appreciate this redundancy.
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I'm not sure that you yourself understand your graphics )))
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@just5, I'm sure you're a troll.

; )
+2 Reply
just5 WyckoffMode
@WyckoffMode, What does trolling have to do with the number of different lines and indicators on your chart?)
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@just5, Trolling has everything to do coming from someone who says we go to over $3,000 by end of 2019.
+1 Reply
just5 WyckoffMode
@WyckoffMode, there it is not written anywhere that it will cost 3000, there it is indicated that the target is above 1000 ))
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@just5, Then why draw that purple line to over $3k, Troll?
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just5 WyckoffMode
@WyckoffMode, you know how to read?
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@just5, Do you know how to troll?
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just5 WyckoffMode
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