LTC looks to be almost complete with it's consolidation phase and If you know LTC, you know it likes pop after a FIB Wedge. I set the spike at 374 at a 2:1 from previous spike and it just so happened to be a point of high convergences with previous large structure. Also I'll note, LTC is queued up in it's LTCBTC pairing for a larger rally as it's reaching heavy support at .01836 BTC is also further off from completing its structure, so this seems like a perfect storm and in suit for LTC to rally before BTC again.
Good buy in is anytime in this wedge, it's a small range so there's really no bad price at this point. Personally I'm going heavy on this chart at 90% portfolio. Happy Trading and Good Luck!!
Good buy in is anytime in this wedge, it's a small range so there's really no bad price at this point. Personally I'm going heavy on this chart at 90% portfolio. Happy Trading and Good Luck!!