LTC, half way back to the glory in 2013, 300 YUAN up ahead.

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.

Komen:

Komen:

Pressure from the upper track, classic.

Komen:

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.

Komen:

Komen:

We might get some resistance from 78.6% the 300 YUAN

Komen:

Slow down, my baby.

Komen:

To infinity... and beyond!

Komen:

Support on 300 YUAN the 78.6% 1st time tested.

Komen:

Resistance track and shock area, Will Monday be a good day?

Komen:

Komen:

MA90 on 30 minutes holds well

Komen:

Huge resistance from upper track.

Dagangan ditutup: sasaran tercapai:

I have closed all my long position, good luck folks, hope you have enjoyed this trip.

Komen:

Hope you are fine...

Komen:

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.