LTC has been playing the .236 note for some time now.
Two different impulses made for the bounce to 53.xx
Now it looks to have 2 impulses down forming an ABC.
$40.xx looks great both in Fibs and in Psych value.
if 40 breaks, then a quick 10% drop to 36 likely.
If 36 breaks, then not an ABC but 12345 down.
Two different impulses made for the bounce to 53.xx
Now it looks to have 2 impulses down forming an ABC.
$40.xx looks great both in Fibs and in Psych value.
if 40 breaks, then a quick 10% drop to 36 likely.
If 36 breaks, then not an ABC but 12345 down.
Note
Zoom of the possible Impluse "-2" and its ripples forming .
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.