Hello everyone, I'm creating this technical analysis based on an indicator I have created, and purely on my own intuition.
Lets begin.
1. If you take a look at my Jas Indicator there seems to be a fractal pattern within it. Comparing it to previous patterns we are at the stage before creating the first bottom of the double bottom on 2/2.
2. I think there is something that needs to happen for the greater good. LTC must go to around $80. Why you ask? So it can create a strong trend reversal and to create the head of the inverse head and shoulders of course!
3. This would bring the price one last time to the bottom of the channel outlined in dashed black lines.
I know projecting H&S before they break out/confirmed are frowned upon, but i was having too much fun with this! :)
Lets begin.
1. If you take a look at my Jas Indicator there seems to be a fractal pattern within it. Comparing it to previous patterns we are at the stage before creating the first bottom of the double bottom on 2/2.
2. I think there is something that needs to happen for the greater good. LTC must go to around $80. Why you ask? So it can create a strong trend reversal and to create the head of the inverse head and shoulders of course!
3. This would bring the price one last time to the bottom of the channel outlined in dashed black lines.
I know projecting H&S before they break out/confirmed are frowned upon, but i was having too much fun with this! :)