I’ve seen a lot of people calling for a bottom at this point. I can’t see the bottom here. This is just another of the false double bottoms LTC is drawing. You can see a smaller one just above this one. As I can see in another similar correction, LTC is about to reach it, but will do it in some months. 1.2 Fibo is a key zone, and to be honest, I can’t see LTC going up from here, in the middle of 1 and 1.2. Let’s see how it plays out. If it’s a good fractal, the bottom is at 20 Euros. Charlie Lee was right calling for LTC going to 29 dollars.
Check fractals:
This is not financial advice. This is just an idea and I’m not responsible of your actions.