LTC is a laggard while other OG coins are rising with the tide. It has been fighting a major resistance and got rejected again. Bulls might need one more dip to refuel before trying yet again.
$105.00-106.41 above is what we need to break. $ 98.28- 98.49 is a minor but proven resistance $ 90.54 then 84.47 or worst case 80.xx possible.
PERFECT Fibnastics
(yellow shaded area is from posting time).
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Zoom in a bit and adding some notes:
First move exactly as expected for Short entry 1.
Hit first target but unable to proceed much more.
Second short entry at our main fib at $105.00
Scalp target will be $98.28, and possible long.
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