LTC Out of bubble pattern, and back into long-term mean channels
So many analyses have attempted to define the past two weeks' rise from the bottom as a continuation of the bubble correcting itself, and have drawn trendlines off the top and successive dumps to show why this rise must fall yet again.
But I'm seeing the resumption of a longer-term mean average rise that began before the Nov. 26th spike. In this overview, you can see the bubble as the deviation from the mean, and how it could have found its way back into the average.
This isn't to say another large fall *isn't* coming -- just that the past two weeks are following a trend channel of their own, and can be understood outside of bubble correction expectations.
But I'm seeing the resumption of a longer-term mean average rise that began before the Nov. 26th spike. In this overview, you can see the bubble as the deviation from the mean, and how it could have found its way back into the average.
This isn't to say another large fall *isn't* coming -- just that the past two weeks are following a trend channel of their own, and can be understood outside of bubble correction expectations.
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