LTC leads the bull break out with bitcoin (usually)...
It looks like we are making a move towards the ALL time high.
I put in a long at 190 and so far, I could have sold it 3 times.
LTC - double bottom - The Adam and Eve (AE) double bottom pattern consists of a sharp "V" bottom followed by a more rounded "U" pattern. Bulkowski's (2005) research states that the AE double bottom pattern is the second best performing of the four double bottom patterns with an average rise of 37% after the price breakout confirmation before any retracement of 20% or more occurs.
Double Bottom Price Target:
Price of the Middle Peak + ((Price of the Middle Peak - Price of the Lowest of the Two Bottoms) * 66%)
www.finvids.com/Char...ttern/Double-Bottom/
not financial advice - I just like patterns and wish I was painting right now.
It looks like we are making a move towards the ALL time high.
I put in a long at 190 and so far, I could have sold it 3 times.
LTC - double bottom - The Adam and Eve (AE) double bottom pattern consists of a sharp "V" bottom followed by a more rounded "U" pattern. Bulkowski's (2005) research states that the AE double bottom pattern is the second best performing of the four double bottom patterns with an average rise of 37% after the price breakout confirmation before any retracement of 20% or more occurs.
Double Bottom Price Target:
Price of the Middle Peak + ((Price of the Middle Peak - Price of the Lowest of the Two Bottoms) * 66%)
www.finvids.com/Char...ttern/Double-Bottom/
not financial advice - I just like patterns and wish I was painting right now.
