The Daily Minute: LTC (15 MIN)
Updated
Quick update do not panic sell this is a retrace! I am fully expecting it to bounce off the .618. If you are looking to sell wait for better signals.
I do expect another drop before the major bull run for the year but today is not the day.
I do expect another drop before the major bull run for the year but today is not the day.
Comment
Touched the 125.03 which is the .5Now, we watch the price action and see if it is a bounce or a further retrace to .618
Comment
We have a bullish divergence on the 4hr. I am just not seeing the bears right now. The bulls are at this time are showing more staying powerComment
The bulls are making their case. They have not let it drop to the .618, as of yet... I will say this as soon as some of the more popular TA's say they are jumping in I will be selling, it is a guaranteed drop.Comment
New higher high. By my count we are on wave three of the smaller trend.Comment
In the next 10 or so hours I believe LTC will be at a key point in this bull run. 6 days we have been at this and as we know to go up you must go down. I think this will test the bulls commitment.This goes for BTC also.
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