LTC.usd at 1st of 2 Key Resistance Zones: LiteCoin make or break

Dec 23, 2019

LTC is at the first of two key Resistance zones.
There are more above, but first 2 are crucial.
Bitcoin is running, so LTC better break higher.

If it breaks above, then I will have new waves to measure and start projecting targets.

My Recent LTC plots:

Zone map of the recent Bottom:

Big Picture Support Resistance zones:

Dec 23, 2019

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Updates below
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Dec 23, 2019

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Ping

Exact touch of the lower bound of 2nd resistance and then the pullback.
Not all Pings start a turn, but most turns start with a Ping.

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Dec 23, 2019

Comment

Rejection was Real.

After the Ping in last picture above, the drop has continued Now at a possible support zone but looks headed lower.

Zoomed IN a bit and a fib added to the drop We see the current support zone, but looks like $40 will be tested.

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