In a ball park, it matches what the psychic said in 2018.
Lower low in price, higher low in RSI. LTCETH is making a falling wedge on the daily chart and ready for a bullish breakout. RSI is coming back up from oversold area and making an ascending triangle.
After breaking out from downtrend line, it is starting to form ascending triangle on price and RSI. See target in red line for the measured move that is meeting with resistance price level.
It is getting ready to break the descending wedge upwards after 0.786 Fib retracement.
Fib target should be a min around 0.618. Good luck.
If we were to complete the measured move within the broaden descending wedge, BTC will be bottomed around 14th, which is the same day as NY Consensus. Broaden descending wedge is a bullish pattern that targets right below 10K with over 70% chance.
Watch out for the breakdown of H&S shoulder. Buy zone is indicated in the green area.
The retracement seems to be completed. Enter now, the stop will be around 3% - as soon as it goes below the low of the previous day, it might just be stuck in the channel for a while. Taking profit along the way based on the Fibonacci retracement level is suggested since nothing will rarely go up in a straight line.
A reasonable pullback after the runup to form an inverse H&S.
LTC is currently touching the trendline it broke days ago for testing, if it succeeds, it will gather strength and pass 185 mark, shoot for 260 (2.618 fib extension level and long term uptrend line) before rest the 200 level.
It is bottomed, making a pennant pattern right now. Risk and Reward ratio is ideal.
The beautiful cup and handle formation is in the near future.
A baby bull flag is within a papa bull flag. Let the baby flag to catch up and break out first, so the papa flag will take off to the moon. Check T1 and T2 for targets purely by measured move based on the bull flag pattern.
Let's go.
A simple chart, round bottom, the idea target is aiming at previous resistance with a stop loss below the green channel it is currently obeying. Let me know what you guys think. Thank you.
Safe entry would be waiting for the breakout and buy at the re-test.
Let's watch EOS pulls back and reload again for next leg up.
The beautiful round bottom is forming and getting ready to break the recent resistance. Target is 100% gain.