LTC has been bashed quite heavily in the last weeks. From a technical perspective the move appears to be a ABCD with a target around 4.20. Any short sellers during the last rebound would be looking at the Fibonacci extensions of 1.61 and 1.76 as good targets. If we approach these levels I'll be taking a long position.
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.