Panjang
LTC, half way back to the glory in 2013, 300 YUAN up ahead.
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I want to share something I found, during this time LTC price shocks around 194 YUAN, and I draw a Fib retracement level from 2013 top to the lowest point, 194 is exactly at 50% !
In other word, we are not reaching top yet, if LTC break through this triangle before reaching it's end, that will pull up Stoch RSI on daily, I think we will have a great chance for going up to 300 YUAN, and that is 78.6% of the Fib retracement.
In other word, we are not reaching top yet, if LTC break through this triangle before reaching it's end, that will pull up Stoch RSI on daily, I think we will have a great chance for going up to 300 YUAN, and that is 78.6% of the Fib retracement.
Nota
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Pressure from the upper track, classic.Nota
LTC didn't break through the upper track of the triangle this time, let's wait and see what will happen when Stoch RSI reaching over sold zone tomorrow.Nota
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We might get some resistance from 78.6% the 300 YUAN
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Slow down, my baby.
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To infinity... and beyond!
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Support on 300 YUAN the 78.6% 1st time tested.
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Resistance track and shock area, Will Monday be a good day?
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MA90 on 30 minutes holds well
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Huge resistance from upper track.
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I have closed all my long position, good luck folks, hope you have enjoyed this trip.Nota
Hope you are fine...Nota
If the volume didn't increase to help the price break through the upper track, I think LTC will come down to test some support level.
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