Here's what I'm looking at for LTC. Looks like the pressure is really building up in the cone of this "LONG," Pennant!!! Looking back at previous Pennants in LTC this Pennant should be No different, as each consolidation, (like this event), should burst LTC to newer highs and higher lows! As indicated in the chart above, my thoughts are as follows...
Please look at this ive only done TA a few weeks and would appreciate constructive opinions. This looks like it has major potential and im not sure which way or how to scale extent of how much potential
Fellow Traders,
So I've been following the verge drama since the McAfee tweets. I've been keeping up on the news, I've been following the tweets between XVGwhale, Verge themselves and everyone inbetween. Ive been on both sides of the fence, I've been a FOMO'er a FUDDER, Ive bought Ive sold, Ive HEDL'd (past tense of HODL?) and traded, And through all of this I...
Hey traders! I want to share with you my Stellar´s analysis. It called my attention because in last few days it increased a lot its marketcap, breaking with a lot of force (I mean Volume) the top of its last channel, and finally, forming a pennant pattern (If you want to know more about this kind of pattern, please go to the end of this post). I also want you to...
Pennant-pattern (see the two orange trendlines):
First of all, price broke out of a "Pennant"-pattern. This resulted into a price target of EUR 1.21
Calculation:
Between 12/12/2017 and 12/14/2017 price increased from roughly EUR 0.20 to EUR 0.76
The difference is 0.76-0.20=0.56
You add this difference to the price at which price broke out of the...
