Looking at the LTC chart.. found this bull flag channel in blue. falls on the 160 area. equal retracement to the first wave down is 160$. more and more arrows lining up at 160$. its like forecasting a hurricane and the closer it gets to land the more we can say where it will hit.
Note
Note
just finding more potential repeating patterns. not implying anythingNote
looks like a potential inverse head and shoulders. confirmation would be close of a 4 hour candle above 195$. although we had a similar inverse head and shoulders looking formation that proved to be a dud. target would be 230 ish if it were indeed an inverse h&S.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.