Just trying out the fib retracement tool. Learning about it as I go.
This aint fin. advice to buy or sell LTC or anything. It's my opinion.
Short term sell Targets:
250
275
250 is where price would intersect with long term upward trend channel and act as resistance, adds confluence as fib retracer crosses around there as well (244).
Next fib level will be 275, also a psychological # where people will probably stop buying (but let's be honest, it's LTC and people are loadin up for the moon :) so I'm long anyways)
This aint fin. advice to buy or sell LTC or anything. It's my opinion.
Short term sell Targets:
250
275
250 is where price would intersect with long term upward trend channel and act as resistance, adds confluence as fib retracer crosses around there as well (244).
Next fib level will be 275, also a psychological # where people will probably stop buying (but let's be honest, it's LTC and people are loadin up for the moon :) so I'm long anyways)