LTCBTC is bouncing y'all - Heading for 0.022

23 May 2017

LTCBTC is bouncing off the 0.38 Fib heading toward the 0.01344 as the interim resistance at this point. Potential to reach 0.022 with a midway target of 0.015.

24 May 2017

Not

Bounce happened with R1 (0.0144) acting as resistance.

27 May 2017

Not

BTCUSD correction is dragging the Alts down as well. New money is panic selling. This is to be expected when such a big correction takes place. This is when money moves from weak hands to the strong. 0.382 Fib is the next support level to watch.