Litecoin lost 100EMA support and Fib 0.382 is acting as resistance now.
It seems to be road to Fib 0.618, maybe even Fib 0.786 this time, before massive recovery towrads Fib 0.236
It seems to be road to Fib 0.618, maybe even Fib 0.786 this time, before massive recovery towrads Fib 0.236
Trade closed: target reached
Litecoin broke-down as expected, time for recovery is here.If fractal continue to play out we'll see a great up-trend soon like before past halving indeed (red cross lines)
3 days to go before that bi-weekly candle closes as a hammer, could sent it upwards, regaining 200MA support!
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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.