addie77

Another prediction based on simple fibs and a bit of forking.

Long
addie77 Updated   
BITFINEX:LTCBTC   Litecoin / Bitcoin

I'm looking for a break above 0.01 BTC which could correspond to the area between $66 and $70 USD on the LTCUSD chart. Exact level to watch would be 0.009855
Above that level this pair is extremely bullish and could target it's highs of 0.0189 and 0.0219 in matter of days. Respectively the all time high of around $93 could very well be in jeopardy.
Else a rejection from under 0.01 BTC could see it slip below 0.0065 or below $50 again.
Trade active:
OK first target of 9835 looks like have been broken and now we're looking at 0.013 BTC area in the coming days. The alternative is a slip lower below 0.0065 but wth Bitcoin being very bearish atm I can't see it happening.
LTCUSD should also appreciate and target $70 this coming week.
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