Is LTCBTC Aiming for 1111 before any upthrust?

Updated
The fib level 0.618 (0.001111) is an attractive target considering LTCBTC had significant reaction to the 0.5 fib level. This is the only explanation I can come up with as to why Litecoin wants to go this low with its strong fundamentals.
Note
So are we wicking down to 0.001111 or is that unnecessary. And that's the million $ question
Litecoin (Cryptocurrency)LTCLTCBTCLTCUSDLTCUSDTTrend Analysis

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