


No position. Just want to see how this plays out. There was a trend shift, a spike and now currently in a retrace for next big push higher if I'm right.
I'm not a LTC fan but I think it has a chance to hit the three targets outlined. needs to confirm breakout with a 4h close above yellow line.
May seem outlandish now but..... Bullish $BCH fib scenario. 1.618 is $4k (first reached post Segwit 08-13) 2.618 is $6300 (current BTC price) 3.618 is $8600 (previous BTC target) 4.23 is $10,000
Every new ATH is either continued or the turning point for a major retrace.
Base fib is the one candle bounce off the low. Goal targets in white. First target reached already. I have some reservations about this happening but ignoring the drama and staying on the chart that's what I see.
Let's see if this plays out. Favorite targets are in white.
The difference between price and Daily Kijun has never been greater. Price will retouch Daily Kijun at some point. I'm predicting that will happen around $3,500. From there we can draw a new fib with new target.
Using the resistance at $4400 as the 100% fib from the ~$1800 bottom predicting a retrace at 161% or ~$6150.
Two new highs, two retrace to 61.8%. Bids here down to 38% may pay off soon as BCC reaches for another new ATH