LTC Uptrend Double bottom and fractal pattern

I have drawn what I believe to be the way LTC comes out of this hole it's in around 139 and believe it will easily get back in 170+ range and when it does as always it will be a sudden and quick move. I think what we are about to see is the upleg of the third downwave on the longer term charts. Ltc may end up on the 200's before the last leg down which would inevitable put us in the low 70 range. Again this is just an idea and not to be advice in any way. It's just a pattern I am noticing and want to follow