EuroMotif

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

EuroMotif Mod Mis à jour   
COINBASE:LTCUSD   Litecoin
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:


Commentaire:
||
||
\/
Updates below
||
||
\/
Commentaire:
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.

============================================================================
Commentaire:
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.

=====================================================================================

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.