


There is another possible path I want to share.
GOOD LUCK SEE YOU IN 2018
I want to share something I've noticed in these days 1. The gold price runs between MA84 and MA138 on 1 Month since 2014 August. 2. The gold price runs inside a triangle since 2015 December. 3. We are running inside a down channel since 2011 August and get 1st slow done by MA84 and finally supported by MA138 & Fib 50% at 2015 December. So, after this triangle...
As you can see, that the re bounce of LTC is not strong enough, and it has been suppressed by the lower pink track, so as what I see is the left shoulder has been formed, also the Stoch RSI has cross down in the over bought zone. So, the neck line around 255YUAN will be test again, which is also the MA144 of 6H, if it breaks, I believe LTC will reach 50~61.8% Fib...
The Cycle wave IV has stopped at $1830, with the Fib retracement only 38.2% of Cycle wave III, and it's speed up by the news of Segwit2x, for now, I believe we are moving up for the Cycle wave V. According to the rate between each drop and rise: 8.618==>5.618==>2.786(which should be 3.618 if following Fibonacci sequence)==>2.618, I think the rate between wave IV...
Fail to pass MA90 and MA144, another adjustment incoming. Wait and see.
LTC all support holds well during this time, I believe we are still in the uptrend, and as the Stoch RSI arrived over sold zone with all supports well, I think it's time for LTC to pull up. And in next few days BTC will start the segwit2x from July 21, after a research I think it will pass, but still we need to keep an eye on it, safety is always priority. Good...
As you can see the downward trend is getting slowly with the support of the purple track between Fib 50%~61.8%, aslo the technical indicator is showing the bear is out of it's power, so, if we can got a big green candle with large volume, that would be a perfect signal for trend reversal, and I will see if I can find some good chance for long. The small flags is...
During the last 3 month, LTC keep climbing up with the support of MA30 on 1 day, but now, seem there will be a serious test for it, if the support of both MA30 and the lower track break, that will be a big retracement coming next, and for the target, I believe it will between Fib 61.8% and 50%, with the support of MA90 on 1day. And we also need to watch the trend...
See how strong the support of 50% Fib retracement of BTC will be.
When the Stoch RSI of 2H reach the over sold zone, we will find out. Good luck.
I have copy and place the trend between 2017 JAN and MAR to now, it's very interesting. The high and low point perfect match the suppress and support line, amazing.
Healthy retracement, for bright future.
I want to share something I found, during this time LTC price shocks around 194 YUAN, and I draw a Fib retracement level from 2013 top to the lowest point, 194 is exactly at 50% ! In other word, we are not reaching top yet, if LTC break through this triangle before reaching it's end, that will pull up Stoch RSI on daily, I think we will have a great chance for...
Finally the Cycle wave III top has reach 2.786 on Fib rate with the depth of Cycle wave II, and now we will have a right hand chance for short, be prepared bears, Let's ready to roll.
The market didn't turn to panic as my last analysis, and the buyers and holders shows their strong confidence, that makes me to review my chart and make some update, for now LTC futures is still running in the up channel, if the lower track holds, we will see a 5 wave coming to make new highs. But still, the Stoch-RSI on 1DAY and 3DAY still makes me worried, so,...
Wait daily chart reaching red circle and prepare for the short, let the bear ride this sh*t to the hell.