Movement incoming on this one, bouncing out of the golden pocket.
One thing to watch is how LTC reacts up here against strong resistance. I feel it will fall very soon.
I've looked at old fractals to suggest where the price will move. I feel we will get some like the red box and nothing as violent as the green.
Using this to track the movement. Those that lag behind will catch up.
Time for the higher high fake out before re-testing the lows.
While everyone is getting bullish, I don't see it until we make a higher high. I've still long certain alts.
I think we will retest old support to then go on to new highs.
think we could test the old trendline before falling back to support.
LTC looks like it will retrace after taking highs. Will it bounce and be bullish or is this it?
I see this as a possible option because it is one of the most painful for traders.
SPX is filling a gap at the top and then will most likely fill the gap around 2630
If BTC fails to make a higher high then this could be seen as re--distribution and we will shortly begin our next leg down. Long to Short