The litecoin rally still starts December 9th nothing has changed , in my last Litecoin TA the ascending wedge played out but I did not expect that flash crash had targets at 185 lowest , god dam.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and pivot point reversal for litecoin and this bull run will be December 9th. The fact that we had such a massive flash crash before coming into this Fib time sequence gives it a much higher probability now that price will rally starting from this date.
If the 4/1 Gann ratio and 0.618 Fib Fan break then all projections last 3 months will be invalided , every TA last 3months comes down to December 9th being a pivot point that starts the final leg of the bull run , market sentiment is at covid crash lows! this is the best time to trigger a disbelief rally.
Just 4 days left.
Disbelief is a terrible luxury.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and pivot point reversal for litecoin and this bull run will be December 9th. The fact that we had such a massive flash crash before coming into this Fib time sequence gives it a much higher probability now that price will rally starting from this date.
If the 4/1 Gann ratio and 0.618 Fib Fan break then all projections last 3 months will be invalided , every TA last 3months comes down to December 9th being a pivot point that starts the final leg of the bull run , market sentiment is at covid crash lows! this is the best time to trigger a disbelief rally.
Just 4 days left.
Disbelief is a terrible luxury.
Comment:
What we want to see is price going lower than the last Fib time date but for price to wick under the 0.618 Fib Fan and not close under it.
Comment:
Does the rally need to start with a massive green daily candle?
Nop , infact a lot of the times it starts with a daily red candle , so the bottom wick of today's daily close could be the bottom entry before the rally starts .
Nop , infact a lot of the times it starts with a daily red candle , so the bottom wick of today's daily close could be the bottom entry before the rally starts .
Comment:
check for latest TA on litecoin and updates
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