LTC: Strong Support at $65 With High Odds to Continue Upward

28 nov. 2022

Hi Everyone! Yes, we do see potential to fall down to or near the Yellow B-Band Basis in the 24-hour at $65.00. Yes, it is possible to over extend below $65.00. However, if we do fall below $65.00, I expect the price action to pop right back up rather quickly to $65 or above $65. We also see increased odds in higher time frames to continue up - AFTER A PULLBACK - to around $94 to $108 price range. Will that move up be an Exponential Rally in Phase B - OR - a Sign of Strength Event in Phase D of Accumulation? That remains to be seen. We really will not know the answer to that question until later. This is explained a bit in the video.

I hope you found this video helpful.

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Happy Trading and Stay Awesome!

David M Ward Jr


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28 nov. 2022

Note

UPDATE:

2018 Distribution; 2019 to 2021 Accumulation and 2021/2022 Distribution Periods: