LTC found a stable support at fib 50
LTC has an upward momentum (yellow lines)
If LTC crosses the yellow line, it will fall to Fib 61.8% (as it is a strong support)
If LTC crosses the redline, it will climb to Fib 38,2% and ascend toward to $300
$300-320 is a big .
lets see what happens
Up from there, LTCUSD has started a new cycle higher with a first target around the $300-320 resistance zone .
The red and lightgreen lines cross wil be 17-19.1.2018 at $240-250,
As I see LTC has the good potential to break through the resistance line
It will fall to the light geen line and it will climb to the red and lightgreen linecross and ascend toward to $300-320
I will post a new idea lather when i see the light at the end of the tunnel
Maybe LTC drop to fib 61,85, but it is clearly more chance to way up to Fib 38,2% and ascend toward to $300-320.