I have no technical training- just enjoying charts and charting. I may or may have not made much sense here. Just plotting the highs and lows using the shadows to draw the past path the price has moved on from. It's tough to really see where it heads next without the use of the FIB scale or Elliot wave theory. Many times since the last crash of LTC BTC (correction) wave theories have been premature in evaluating and as well as triangles waiting for break outs. I understand its not with 100% certainty charts work 100% of the time but some authors here have done a great job predicting trends.
Any feed back would be nice. I will try and look up more on technical theories. I'm sure its good to know them all so you can pick and choose each for certain circumstances.
Any feed back would be nice. I will try and look up more on technical theories. I'm sure its good to know them all so you can pick and choose each for certain circumstances.