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Traders,
If LTCUSD keep following current trend, we will see next support line bottomed at FIBO 1.618, 66 round.
After all targets of our last short trade hit, what now?
Selling power is too strong for now. And no sign of any correction is going to start. A correction need to pass through the yellow resistance zone first , then the daily trend line.
Is that possible for LTC back to 88? Yes, it could .
That could be a very good opportunity to sell it again.
Less is more!
Traders,
If LTCUSD keep following current trend, we will see next support line bottomed at FIBO 1.618, 66 round.
After all targets of our last short trade hit, what now?
Selling power is too strong for now. And no sign of any correction is going to start. A correction need to pass through the yellow resistance zone first , then the daily trend line.
Is that possible for LTC back to 88? Yes, it could .
That could be a very good opportunity to sell it again.
Less is more!
Comment:
heading down to 66.0
