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Ltcusdlong

LTCUSD before rising.LTCUSD before rising. The exchange started a fractal copy. Its size is half the size of the previous fractal. So 2: 1 copying is done. Why? The answer is the white rectangle below it. The size of these was calculated from the ATR extremes. In several of my analyzes, I have explained that these data represent predictive volatility. In other words. Half of the fractal currently copied has the same volatility as the original fractal. Therefore, the target price cannot be more distant than the original rising fractal target price. Exactly half the size. The current target price is 106.36usd
BITFINEX:LTCUSDLong
by meszaros
10
LTCUSD long TP: 104,562 usd.LTCUSD long TP: 104,562 usd. In my latest BTCUSD analysis, I projected a more significant upswing. I am thinking of a similar rise in the LTCUSD chart. The exchange rate analysis starts from the fractal sequences shown in the figure. Apparently 1: 1 fractal copying is done. I will continue to vision this. I see its explanation that the size of the correction separating the rising wave sequences is the same, so that the ATR closing values (white rectangle) predicting its rise are of the same size. From this I conclude that the next rising wave sequence may be of the same size as the second rising wave sequence of the original fractal. Conclusion. I assume a further rise, the target price of the rising wave sequence is 104,562usd.
BITFINEX:LTCUSDLong
by meszaros
2
ridethepig | LTC Spot Commentary 2020.02.05Here I had been expecting (at last!) a pullback and been prepared to add on dips, the market is cutting through the highs like a knife and hot butter... a nice problem to have. Buyers are threatening to trigger capitulation on the Weekly: This is a textbook example of how to exploit soft hands, but with a rather pleasant twist. In what follows, I will explain my feelings about the particular LTC swing, to help you follow what is happening. I was glad to be rid of the resistance and loaded more. This manoeuvre makes it possible to get into our opponents jurisdiction, or headquarters (whatever you want to call it). Momentum triggers, shorts cover and smart money continues to buy strength. Here I had the unpleasant feeling that I did not have sufficient sizings given the risk:reward... Here I was glad to see buyers continuing to breach the initial swing target at 64. Sellers having to pack their bags and go home. Resigning because of the disastrous defence. My impression is now that we are comfortably trading above a 70 handle the highs being taken are simply a matter of time. The combinational style that buyers are using to attack is impressive to say the least, it's in our interest to continue holding the remaining positions and working longs. We will keep an eye on any threats to the swing. Thanks as usual for keeping the support coming, I trust all readers are enjoying their slice of the pie.
COINBASE:LTCUSDLong
by ridethepig
1