dropped right on cue... if the TA is correct this is the final drop.. if it breaks 10.01 we headed to hell. it all rides on SegWit for LTC right now.
It's looking like a Head and Shoulder pattern with Eth.
The last H&S pattern I created was a little too soon and kind of off in proportions. This one right here is better.
If 426 is the bottom ( please see my chart before this one ) then we should be expecting to rise to 460-464 range.
THIS IS MY FIRST REAL BEARISH PREDICTION... SO NO DEFINITE GUARANTEES. I'm not good at charting bearish downtrends so bare with me. (get it bear, bare with me)... Anyways, off of the dead cat bounce from 428.82 to 434.24 .... The Fibonacci graph shows that the lowest the price we should to go before we retrace is 425.39. Which we came real close to at 425.92....
Here are some lines to help you with your trades. The lines underneath the 440 lines are the retrace lines.. there should be bounces off those lines if we retrace. Remember to use your stop loses and take to profit when you can.. Profit is profit. But, taking chance can have great rewards.
This is gonna be HUGE!!! Price going sky high!!!
I think this is how it really plays out mathematically...
If it even gets there... this line should be safe...
Almost there... If this happens then we are off beyond the moon and to Mars... Sit back and watch...
Once these 2 lines are broken then it's off to the MOON!!
There is a divergence. Possible downward movement. Which should be just temporary. If so here are some re-entry points.
These are the three to break. Til the real moon in the 500+ range