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sucky
Feb 20, 2024 3:04 PM

Is LTCBTC Aiming for 1111 before any upthrust? 

Litecoin / BitcoinBitfinex

Description

The fib level 0.618 (0.001111) is an attractive target considering LTCBTC had significant reaction to the 0.5 fib level. This is the only explanation I can come up with as to why Litecoin wants to go this low with its strong fundamentals.

Comment

So are we wicking down to 0.001111 or is that unnecessary. And that's the million $ question
Comments
DigitalRevolutionPhase5
I took my words back, I think with the current price action you will be right. I just checked LTC/USD pair, it got rejected at a strong resistance. I think LTC can retest support at $66 before 🚀🚀🚀🚀🚀🚀

Gotta rinse all the retails first 😆
DigitalRevolutionPhase5
I think the bottom is in with LTC/BTC. It's just going to move sideways from now until around the 3rd week of March
NightKnight_CZ
@sucky it actually hit your bottom target trend => look at it :D you "kinda" were right I guess
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