LTC USD .618 level held like a steel wall during overnight drop, staying above $160. This was key level of support per the run-up earlier in the month.
I've been expecting LTC to start a large bull run, and I believe this is the lowest it will go on its way up. In the event of a run, the target sells would be at the 1.618 and 2.618 sell areas indicated on this chart. Keep in mind that LTC runs 4.328+ in the past and that is entirely possible in this case as well.
Time frame for such a run would be today (March 9) through April/May
I've been expecting LTC to start a large bull run, and I believe this is the lowest it will go on its way up. In the event of a run, the target sells would be at the 1.618 and 2.618 sell areas indicated on this chart. Keep in mind that LTC runs 4.328+ in the past and that is entirely possible in this case as well.
Time frame for such a run would be today (March 9) through April/May
Eric Thies