LTC: Strong Support at $65 With High Odds to Continue Upward
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.
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Happy Trading and Stay Awesome!
David M Ward Jr
Short Term Group of time frames:
Near Term Group of time frames:
Mid Term Group of Time Frames:
Long Term Group of Time Frames:
Macro Group of Time Frames:
Super Macro Group of Time Frames:
I hope you found this video helpful.
If you don't mind, take a moment to click the like (boost) icon to show your support. It would be greatly appreciated.
Happy Trading and Stay Awesome!
David M Ward Jr
Short Term Group of time frames:
Near Term Group of time frames:
Mid Term Group of Time Frames:
Long Term Group of Time Frames:
Macro Group of Time Frames:
Super Macro Group of Time Frames:
2018 Distribution; 2019 to 2021 Accumulation and 2021/2022 Distribution Periods: