Target again is the 156 area as suggested before. I am long from 140 and will probably exit at 155. I will analyze for a projected down target after a confirmation of a top has occurred and I have higher confidence of much lower prices. At this time, without re analyzing, my target is 136 t 133 area.
In the last updates, I presented a scenario which has played out just about perfectly. My initial downside target of 144 has been reached (announced over twitter @sessinpo). The boxed area represents what one would expect normally. First a rally back up to the 156 area then another wave down to new lows which may hit the 133 area. The sentiment was so bullish...
This is the last update given per the webbot forum. Update to the above post (on webbot). Not much has changed. LTC has remained in the channel. I think a possible up move is fairly near (meaning within 48 hours). This should take LTC up beyond 162 this week (range 162 to 172 roughly). Then a larger correction may occur. This is basically the last few chances the...
Possible path to entertain. Always manage risk. No time forecast considered.
I had told a few friends I expected a Syrian attack either Friday or Saturday. What happens afterwards was more important. Here is an email sent to them. Managing risk per my last update was the best thing to do. Where we are now as of 10 am Friday 13th, 2018. We are hitting major resistance of a major declining trend line since the peak in February. So a...
Caution warranted still. Manage your risk.
Be careful out there. We could be setting up for a very bad week. Looking at a very RED day Tuesday. Possibly as early at Monday but more likely Tuesday. First downside target 92 but more likely 84 area into April 13.
See potential for big move down in LTC. Target would be minimum 90 with a time target near April 13th. Be careful.
Here is how I see things as illustrated by the chart below. Things should resolve (the blue triangle) around April 1 Sunday US time. Breaking below the declining black dashed line says we are likely headed to new lows. Triangles are generally continuation patterns (which would be down in this case) but I think it is best to be open to a breakout in either...
I have re-entered the market with buys laddered in from 130 down to 125 after selling above 160 Sunday, March 26. If you missed that epic call, it can be found here by clicking on the chart below Price and Time targets were met as LTC broke 120 approximately 4 am March 29. The stock market portion did not materialize but the LTC was spot on. I also made an...
Reducing any short exposure to ltc. laddering in buys
While I cannot give financial advice, what I am seeing suggests a panic decline is coming across the board, not only in crypto but in the stock market. My projection date is around March 28 or so give or take. The Dow is about to retest the 200 day MA which sits at about 25350. On litecoin, it's 200 MA is at about 144. I think both may be tested and broken. I can...
Here is a suggestion regarding ltc. I have not worked out any specific dates. This idea focuses more on price. If ltc does not peak near 180.97, it is likely to head toward 194.51 but not necessarily reach it. The downside target would then need to be adjusted to 165.81 to 159.04 if the peak is above 180.97. My initial thought that we would hit the peak near the...
As the ending diagonal chart suggested, LTC exploded higher. Two areas of confirmation were suggested and this is how they played out. Examine the chart, same as previous charts with the ending diagonal wedge (yellow dotted lines). Confirmation 1: LTC never really rested the lower line after breaking it, is this market that bullish? It did go sideways a bit and...
Okay, we are into the week of March 18-24. Was expecting low during this week but specifically on March 19 giver or take. Price projection from weeks ago was at least $150 and then refined to $144 -146. Under throw of last wave not unexpected so current low below $140 is okay. The chart depicts two confirmations for the new bull market. First is a move up within...
Target is close enough to be considered a hit. Now we see if there is any follow through on either side for confirmation.