LTC one more leg down to 125 range?

14 May 2018

My EW and Fib observations make me think we have one more down leg to come.
LTC has not bounced as well as BTC did, and not even close to what ETH did.
So if either BTC goes down some, or especially if ETH takes another dip, LTC will surely make a new low.
This is not what I WANT, only what I am thinking.
Actually, I do want it, would love accumulate LTC in the 100-125 range.

18 May 2018

Not

:
Small bounce so far, from just above my support zones.
Maybe that was it, but I am thinking 124-124 is still on the table.

18 May 2018

Not

LTC trying to bounce ahead of my target, and that would be good.
But am a bit suspicious that it got away without testing 125

18 May 2018

Not

Note to self, LTC may have pulled a 236 u-turn this time, a little ahead of its bigger brothers.

18 May 2018

Not

LTC gunning for 140 already?

19 May 2018

Not

LTC might still have a micro Wave 5 to complete.
That retrace sure looks like a 4 (and not an ABC after a 5)

19 May 2018

Not

I am a little nervous about LTC not having tested 125, that nice round psych number, so am prepared for this:

19 May 2018

Not

Last chance for a wave 4 to end 5 to start towards 140

19 May 2018

Not

Everybody is holding ranks, but no Cavalry (buyers) yet

19 May 2018

Not

LTC has revisited support zone, looks to be holding.
I am adjusting to account for new movement now.

20 May 2018

Not

LTC still wants to test 140

20 May 2018

Not

nice bounce off an obviously relevant fib line

20 May 2018

Not

LTC fighting a lot of 618's here, but seems determined to test 140

20 May 2018

Not

LTC stops tripped above 140

20 May 2018

Not

Take a close look at the resistance zone.
Each of the red boxes defined by fib lines.
Notice the 'spring' off the narrow dark red band.
That should be support in the future.

21 May 2018

Not

Back below resistance again.
But sell walls were pierced last night.
If pierced again, Chikun might fly.