This is an update to my ongoing analysis of LTC moves. We all know a retrace is inevitable, question of when. Current situation would be prefect for a $100 retest.
110.37 - 110.60 is critical support before serious drops. 107.45 - 107.95 is decent support but only short term. 103.08 - 103.60 is strong support from higher tf Fibs.
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See some of my other Charts and Trade calls below. I also plot Forex and some Stocks, check my profile page.
(in Progress, perfect turns)
(caught the EXACT bottom)
(perfect entry and targets)
(instant Profits, no drawdown)
(massive Profits, breakout entry)
(massive Profits, short wait)
(massive Profits, instant Win)
(PERFECT targets, massive profits)
(Top warning just in time)
(Top warning EXACTLY in time)
(Early warning for Top)
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.