LTCUSD --- FIB Trace from $50 floor.

13 Nis 2018

I traced from the last time the price went flat for a while. I doubt itll go that low due to all the buzz and adoption LTC is getting now (my opinion not financial advice) but anything can happen right?

I also traced a support from the same level. The fib tracers are actually lining up with most of the resistances/supports; pretty neat if you ask me.

13 Nis 2018

Not

Green is a bullish support.

Blue is a neutral support.

I think you know what that red is :(

13 Nis 2018

Not

Light blue line going over the peak and over the second peak is the bull channel we were in that could act as resistance as well if we break out of the current bear channel.