jwburnum

LTC Fib Ratio

Long
jwburnum Updated   
COINBASE:LTCUSD   Litecoin
We are in a consolidation at possibly 57.30 for the next several days and possibly weeks. Look for very low volume at one of the Fib levels. As noted, the fib. ratio of the high/low spikes to range is exactly .382:1. I'm seeing a very profitable exit point at the golden ratio of this range. We need to see consolidation for this to happen.
Comment:
Target has been met.
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