LTC/USD - Double Bottom Target Hit - Whats Next?

15 Şub 2018

So we hit our target off the double bottom I mentioned in a previous video and it got me thinking what's next. Run through my quick thoughts on what i expect out of price action. Of course, i'll monitor again tomorrow morning and change plans ff needed.

I think the confluence of fib level, I mention in the video are interesting and be curious how price action respects them or doesn't.

I hope you enjoyed the video... give me a like and leave a comment.

15 Şub 2018

İşlem aktif

Seems like price action is playing out to my expectations mentioned in the video.

I've added a red support line to the chart, which i think will act as support to prop price up and prevent a move tot he pink fib zone, i drew in the video. Time will tell whether price bounces from here or moves to the pink trend line and bounces.

i do think 1 of these levels will hold and will see price action move more north.