Having near 100% accurately forecasted litecoin to hit $120 , I am taking another stab at where next it will go...
Good trading opportunity for traders and investors coming up.
1 day timeframe
- Forecasted Lowest dip for a good buy - $30
- Forecasted highest rally on D leg of for a good profit- $315
Litecoin looks like it wants to do 2 100% retracements which are either back to $105 or back to $31.
A) If price breaks up above the blue and rallies strongly above the 23.60% Fib level we'll still be aiming for $315 but I will update my analysis.
B) If price doesn't break up above the blue , we may be looking at hitting $31 on the C leg of the before a rally up to $315 on the D leg.
.........Analysis completed using...........
3 - analysis
........Along the way for traders..........
- Forecasted waves + fibonnaci levels
allowing for re-entry and take profits
Note: Most of crypto is driven by fundamentals which may throw this forecast upside down !
At this moment, I am doing nothing, and simply observing