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Psar

LTCBTC to reach at least .06665 in the coming monthsHello Everyone and this is my technical analysis of monthly PSAR, this is my first published idea so bear with me. After reviewing the monthly PSAR ( Parabolic SAR ) of LTCBTC I have come to a very solid conclusion that every time it has broken bullish it has produced a move of 5 to 7 times higher. Well here we are again yet so far this most recent bullish move has only produced a 1.875 times move with a strong bullish reversal. Basically what I am implying is that even though it is cooling off for now, in the next couple of months we should be looking for LTCBTC to surpass .03395 and eventually go to .06665, this will not be a quick move it may take a few months, so you will have to be patient but overall my sentiment is very bullish despite the shorter term bearish movement. My sentiment for BTC is also quite bullish so this move would be extremely profitable in both BTC and USD. Feel free to review the chart closely and post your own thoughts based on my idea below. I would love to hear them! Thanks, and may the charts be with you.
Long
by thisismatt
1