We are now in the early stage of a correction down to the .618 fib retracement which should land us right around $48.50's.
This is just a correction of the last run from the $41. What this means as that we are still on an uptrend, but first LTC needs to consolidate before the next run up to the $70's
This is just a correction of the last run from the $41. What this means as that we are still on an uptrend, but first LTC needs to consolidate before the next run up to the $70's
Dagangan aktif
So LTC surprised us with an extended wave 5, which should of been a surprise considering wave 1 and wave 3 were about the same size, which should of been a sign of the extended wave 5. Never the less we should still see a correction, maybe not down to the $48s like I thought it was going to be, but still around .618 of the entire 5 waves. Should bring us back down to around $51.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.