Litecoin Rally 2.0
Updated
In my previous TA many of the Fib time sequences that were used did not plan out, hit the first count but second and third failed so revisited the situation in a new light , below I will link the previous TA.
Even though the previous prediction of lite coin rally starting 9th of December failed, I still held that the 4/1 Gann ratio and the 0.618 Fan Fib would need to hold in order to keep the target of 1500 dollars alive.
Here we are ten days later litecoin never closed under the 4/1 or the 0.618 Fib Fan which is what i expected. Now I do have a new set of Fib time dates which for now seem like it's playing out. The move starts building momentum on the 0.5 Fib time and by 0.618 Fib time we start a larger parabolic move , the 0.618 Fib time is on December 21st 2021.
The next date is January 16th 2022 lets see what the date brings , maybe we break the 8/1 Gann Fan? After we break this Gann Fann we can see all time high again. This yellow dotted line has been of major importance this year. Just look at all the reactions we get and now it seems on Jan 16th we get 8/1 Gann and this reaction line crossing , very interesting.
Even though Litecoin is still under the 8/1 Gann , the important thing is for bitcoin to be above the 8/1 Gann right now ,check out the link below .
Even though the previous prediction of lite coin rally starting 9th of December failed, I still held that the 4/1 Gann ratio and the 0.618 Fan Fib would need to hold in order to keep the target of 1500 dollars alive.
Here we are ten days later litecoin never closed under the 4/1 or the 0.618 Fib Fan which is what i expected. Now I do have a new set of Fib time dates which for now seem like it's playing out. The move starts building momentum on the 0.5 Fib time and by 0.618 Fib time we start a larger parabolic move , the 0.618 Fib time is on December 21st 2021.
The next date is January 16th 2022 lets see what the date brings , maybe we break the 8/1 Gann Fan? After we break this Gann Fann we can see all time high again. This yellow dotted line has been of major importance this year. Just look at all the reactions we get and now it seems on Jan 16th we get 8/1 Gann and this reaction line crossing , very interesting.
Even though Litecoin is still under the 8/1 Gann , the important thing is for bitcoin to be above the 8/1 Gann right now ,check out the link below .
Note
tomorrow second fib date
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