LTC/USD, waiting for a signal at 61.8% 1W Fibonacci retracement

Ichimoku still is giving some signal to continue in short, but in weekly Fib retracement seems to be a good spot for a long entry, if the price goes lower then I need to take a different strategy other wise I'll look for a bounce in this level, let's wait and see.

Commentaire:

Now appears a falling wedge and also the volume is decreasing, perhaps this could announce the in coming move, which way? The market always is going to decide at the end.
www.tradingview.com/chart/VkCTF9oi/