Possible Matching Patterns. Stay Alert Next 24 Hours.
Updated
I'd like the chart to speak for itself.
Comment
I'd like to make one correction, the black ? should be placed higher around 85$ -87$ between Dec 5th & 6th, above the 1 line. However a double bottom is entirely possible. I do not feel comfortable nor in the position to tell people to buy or to sell. This is my technical analysis following only trend lines. As I said stay alert the next 24 hours. Please exercise judgment and seek resourcefulness to learn basic technical analysis, rather than anticipating email after email with the next part of the plan.
What is your game plan?
Who - the target
what - buy or sell
when - when
Why - why
First when, then why, what and lastly why- $ all determined by the analysis.
Trade active
Head & Shoulders, possibly some sideways trading along 2.The double bottom off the 2 line was beautiful. This line represents a consistent halfway mark between 4 major bull moves. Nobody has this in any of their charts***. This trend will most likely be broken on this run * unless we see a massive move to over 110 then a massive sell off, so the next intersection would be the halfway of rise.
4 Support is broken. Now all we have is either momentum to fall to 2 or rise to 3.
However there is very sharp demand for 95, but LTC also has a lot of psychological sell walls and when those walls are hit it then becomes a frenzy. BTC does not have these sell walls.
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