Looks like we have formed a flat top rising bottom pennant.
From what i am reading is
Absorption at higher level reaccumulation stepping stone with shakeout
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels
From what i am reading is
Absorption at higher level reaccumulation stepping stone with shakeout
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels
Note
Maybe now is a good time for LTC/BTC to turn around?Inverse Head and Shoulders?
Note
Well that LTC/BTC pattern sure wasnt a H&S. Was wondering when that pair would turn around.Current LTC/USD Phase interpretation
Note
Well I was wrong... distribution it is
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.