Hello everyone!
Boy, what a ride! Looking at the 4h chart, we can see that LTC has met my target at 155US and bounced off the lower part of the descending channel, as I indicated in the my previous post.
What we can expect now is a rally back up to the upper part of the descending channel. Beware of the 78.6% retracement level as that is our major "obstacle" now. Asides from that, we have a nice ride up to 185USD.
That's all for now! Please hit the like button if you'd like an update on this analysis.
Good luck and have a good day!
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ASC
Boy, what a ride! Looking at the 4h chart, we can see that LTC has met my target at 155US and bounced off the lower part of the descending channel, as I indicated in the my previous post.
What we can expect now is a rally back up to the upper part of the descending channel. Beware of the 78.6% retracement level as that is our major "obstacle" now. Asides from that, we have a nice ride up to 185USD.
That's all for now! Please hit the like button if you'd like an update on this analysis.
Good luck and have a good day!
---
ASC
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