Miguel_Mestre

LTCEUR BACK TO 21 SUPPORT LEVEL?

COINBASE:LTCEUR   LTC/EUR
On weekly timeframe we can see a double TOP near the 350 resistance zone (highest level since December of 2017). After price reached this zone went back down to our 0.786 fib zone and then went up to our 0.5 fib zone.

We can see that the same thing is going on right now, however this time price found support on 0.786 and on 100EMA at the same time.

What if price breaks down both, the 100EMA and 0.786 fib zone?


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