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Update: Still Bearish, Cautionsly ... | #LTCUSD #BTCUSD #Bitcoin
4xQ'ers,
Yesterday, we updated the chart following a significant decline as preempted by our earlier predictive analysis. As of today, we expect some price unwinding, respective of the overhead (red) trendline. However, as price broke through its upper bullish momental line, it is likely to reach its next lower level.
Targets offered are valued as expression of #Litecoin's relative strength against #bitcoin. Nonetheless, our predictive analysis and forecasting methodologies have proven reliable even on this chart, so we offer these targets in confidence and good faith. Notheless, always do your due diligence.
OVERALL:
Out look remains bearish. Interim unwinding to the upside might be capped by overbearing down-trendline.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Yesterday, we updated the chart following a significant decline as preempted by our earlier predictive analysis. As of today, we expect some price unwinding, respective of the overhead (red) trendline. However, as price broke through its upper bullish momental line, it is likely to reach its next lower level.
Targets offered are valued as expression of #Litecoin's relative strength against #bitcoin. Nonetheless, our predictive analysis and forecasting methodologies have proven reliable even on this chart, so we offer these targets in confidence and good faith. Notheless, always do your due diligence.
OVERALL:
Out look remains bearish. Interim unwinding to the upside might be capped by overbearing down-trendline.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。