LTC has been a slow starter but is catching up to bigger brothers.
It hit a major resistance just as Bitcoin was readying for pullback.
Having sold much of my bag at 230, now reloading for next leg up.
Drag DOWN on the Price scale to shrink chart vertically.
Then drag on the CHART itself to desired area for levels.
Hit the "Make it Mine" under sharing to have you own copy.
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My basic concept comes from Newtonian Physics, "f=ma", "object in motion", etc.
I look for an "Impulse" wave (fib 0, 1) which then creates "Ripples" (fib extensions).
Thus a fib series is like a Ruler that is "Calibrated" precisely to one unique wave.
Next I look for fib confluences from the different waves, or their "Interference Pattern".
Plotted are four different fib series (waves) and their confluences (interference patterns).
Some zones have multiple fibs in a cluster, making for an especially difficult journey through.
It is possible that we see another leg down into the 180 area which had better bounce strong.
My last such LTC plot mapped the terrain of lower slopes quite precisely:
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It hit a major resistance just as Bitcoin was readying for pullback.
Having sold much of my bag at 230, now reloading for next leg up.
Drag DOWN on the Price scale to shrink chart vertically.
Then drag on the CHART itself to desired area for levels.
Hit the "Make it Mine" under sharing to have you own copy.
.
My basic concept comes from Newtonian Physics, "f=ma", "object in motion", etc.
I look for an "Impulse" wave (fib 0, 1) which then creates "Ripples" (fib extensions).
Thus a fib series is like a Ruler that is "Calibrated" precisely to one unique wave.
Next I look for fib confluences from the different waves, or their "Interference Pattern".
Plotted are four different fib series (waves) and their confluences (interference patterns).
Some zones have multiple fibs in a cluster, making for an especially difficult journey through.
It is possible that we see another leg down into the 180 area which had better bounce strong.
My last such LTC plot mapped the terrain of lower slopes quite precisely:
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Mapped zones behaving perfectly
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Zoom IN (3 min) for a look at the perfect reactions
Generally a sign of stronger move coming in the same direction (down).
But let see, price could "Orbit" this zone a few times before making a decision.
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