Heres an update on LTC. Looks to be following the uptrend line exactly. I believe it will hit the $52.50 resistance line and breakout soon thereafter. Look for a new support at around $51.50.
Should be interesting to watch over the next few hours. I've got a short on and hoping to buy back in on the dip/retrace. Once it crosses $52.50, I'm not sure how far it'll run though before a retrace. Time will tell!! Blessings!
Should be interesting to watch over the next few hours. I've got a short on and hoping to buy back in on the dip/retrace. Once it crosses $52.50, I'm not sure how far it'll run though before a retrace. Time will tell!! Blessings!
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Not shown in the above chart, however I believe we're at the point of point 4 on an Elliot wave and getting ready to head north on Wave 5.
Predicting a peak above $62 then another 10% correction
Buy low, Sell high baby!
Predicting a peak above $62 then another 10% correction
Buy low, Sell high baby!