KondrackiKarl

Litecoin preparring for mark up in Phase D of Reaccumilation?

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KondrackiKarl Güncellendi   
COINBASE:LTCUSD   Litecoin
Estimating that we are in Phase D of reaccumilation stepping stone and that we could fall back to the level where we jumped the creek (broke previous demand line) before a sign of strength and a mark up.
Yorum:
OK SO I was wrong about the phases again but I have learned!
I estimate that we are now forming the creek in Phase C.
This looks like Reaccumilation after Shakeout.
Reading that this is a pattern that exhibits strength.


Yorum:
I am still learning the condition during each phase so for now I have removed the indications.

Yorum:
After reading more I think I have the Phases right now.
Absorption at higher level reaccumulation with shakeout

Yorum:
There is a chance that I am wrong and that we find a sign of strength here to a mark up
but from what I am reading I think we will dip to strength at about $134
with chance to go lower to $130 or even $126 but that would be a spring which I strongly believe we will not see
Yorum:
Targeting $160 in my estimate but will be looking for a change of charactor to know when to react.

Yorum:
So far so good!
Looks like we have formed a flat top rising bottom pennant which from what i am reading
is Absorption at higher level reaccumulation with shakeout.
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels.


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.