LTC Confluence of Extension and Expansion After Pullback
The recent pull back has given us confluence between Fibonacci expansions and extensions on LTC.
I'm in from $280 which was an aggressive entry from the 38.2% fib retracement.
The pullback appears to have stop around the 61.8% fib retracement, failing to reach the 78.6% retracement.
The fibonacci extension targets a range of $510 to $645. Within this extension range there is confluence with the lower bound of the expansion range at $600.
I'm in from $280 which was an aggressive entry from the 38.2% fib retracement.
The pullback appears to have stop around the 61.8% fib retracement, failing to reach the 78.6% retracement.
The fibonacci extension targets a range of $510 to $645. Within this extension range there is confluence with the lower bound of the expansion range at $600.
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