Watch for LITECOIN to break the NECKLINE @ 84.27
LITECOIN has a clear shot to $182 from this point.
Watch for a BULL PENNANT break out up heading to $90.
Assuming the start of WAVE 3... watch for price action to break the NECKLINE @ 102
It seems this DOUBLE BOTTOM will lunch LTC price action straight UP again.
Once again.... I predicted this price movement RIGHT ON THE MONEY!!
Look for a break out UP @ 100
Notice how the CCI and RSI are in the over sold territory. Expect an AGGRESSIVE move UP.
Once again... I predicted this NECKLINE BREAK OUT RIGHT ON THE MONEY!!
Look for a breakout on the NECKLINE @ 96.17
Once again... I predicted this one right on the money.
I believe this AWESOME BULL FLAG is beginning to develop the final inverse triangle of this pattern. Please let me know what you guys think.
It seems LTC is about to brake UP from this BULL FLAG and heading over 100 really soon.
It appears we have hit the bottom of the right inverse triangle as we completed a WAVE 5, which then should follow an ABC correction heading up to the NECKLINE above 200.
This inverse head and shoulders pattern on the 15 min could mean the reversal of LTC going back over $100.
Fibonacci mathematics are trying to tell us that LTC bottom price is at aproximately 60X Fibonacci Ratio of 1.625 = 97.5
Maybe someone can help me out on this..... I have no idea at this point how far down the price is going to go before it reverses and breaks out of the BULLISH FLAG.
We should be seeing a large increase in VOLUME from now on since we are at the end of this ASCENDING TRIANGLE on the 2 HR time-frame, which should also break through the top of the triangle on the daily time-frame.