LTCUSD bounce/retrace watch: Litecoin to $70 before resume up ?
LTC was leading the way up and then down as well.
It bounced around 65.xx as expected previously.
Now looks like a wave up is done, needs retrace.
69.89-70.25 would be the ideal bullish bounce.
69.15-69.23 would still be bullish and expectable.
66.78-66.55 will be Last Stand to maintain bounce.
Previous Plot showing the "Prefect Golden Ratio of Growth" by LTC from the bottom:
It bounced around 65.xx as expected previously.
Now looks like a wave up is done, needs retrace.
69.89-70.25 would be the ideal bullish bounce.
69.15-69.23 would still be bullish and expectable.
66.78-66.55 will be Last Stand to maintain bounce.
Previous Plot showing the "Prefect Golden Ratio of Growth" by LTC from the bottom:
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.