LTC USD
Updated
LTC/USD
now the 55 EMA & 50 MA has been acting as trend support so litecoin is trying to test the red box in my oppinion if fails then may drop sharply to 100 MA ($96)
if breaks that box with momentum along with volume then next stop would be $175 towards the 0.382 fib level.
my 2nd target $220 right where the golden Fib extention would be (0.618)
****this is not financial advice just a mad mans imagination****
now the 55 EMA & 50 MA has been acting as trend support so litecoin is trying to test the red box in my oppinion if fails then may drop sharply to 100 MA ($96)
if breaks that box with momentum along with volume then next stop would be $175 towards the 0.382 fib level.
my 2nd target $220 right where the golden Fib extention would be (0.618)
****this is not financial advice just a mad mans imagination****
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