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LTC one more leg down to 125 range?
Atualizado
My EW and Fib observations make me think we have one more down leg to come.
LTC has not bounced as well as BTC did, and not even close to what ETH did.
So if either BTC goes down some, or especially if ETH takes another dip, LTC will surely make a new low.
This is not what I WANT, only what I am thinking.
Actually, I do want it, would love accumulate LTC in the 100-125 range.
LTC has not bounced as well as BTC did, and not even close to what ETH did.
So if either BTC goes down some, or especially if ETH takes another dip, LTC will surely make a new low.
This is not what I WANT, only what I am thinking.
Actually, I do want it, would love accumulate LTC in the 100-125 range.
Nota
:Small bounce so far, from just above my support zones.
Maybe that was it, but I am thinking 124-124 is still on the table.
Nota
LTC trying to bounce ahead of my target, and that would be good.But am a bit suspicious that it got away without testing 125
Nota
Note to self, LTC may have pulled a 236 u-turn this time, a little ahead of its bigger brothers.Nota
LTC gunning for 140 already?Nota
LTC might still have a micro Wave 5 to complete.That retrace sure looks like a 4 (and not an ABC after a 5)
Nota
I am a little nervous about LTC not having tested 125, that nice round psych number, so am prepared for this:Nota
Last chance for a wave 4 to end 5 to start towards 140 Nota
Everybody is holding ranks, but no Cavalry (buyers) yetNota
LTC has revisited support zone, looks to be holding.I am adjusting to account for new movement now.
Nota
LTC still wants to test 140 Nota
nice bounce off an obviously relevant fib lineNota
LTC fighting a lot of 618's here, but seems determined to test 140Nota
LTC stops tripped above 140Nota
Take a close look at the resistance zone.Each of the red boxes defined by fib lines.
Notice the 'spring' off the narrow dark red band.
That should be support in the future.
Nota
Back below resistance again.But sell walls were pierced last night.
If pierced again, Chikun might fly.
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