LTCBTC Beating

Hello Traders,

LTC has taken a beating from BTCs parabolic phase, points to consider here are

- Lower highs coming down from the daily trend line
- Rejection from the .618 Fibonacci line
- Fib extension target at 1.414, potentially setting in a double bottom
- RSI oversold
- Supports are being broken across all ALT markets in BTC value

I think as BTC stalls out and gives the ALT markets a breather, we will potentially witness a mini ALT coin rally

What are your thoughts? please leave a like and comment

and remember,

“Trading effectively is about assessing probabilities, not certainties.”
― Yvan Byeajee