I still see LTC in good shape here, as the 23.6 fib warrants a good re-test after a solid pull back off the 38.2.
The $100 psychology level is also deserves to be tested for support, along with the weekly moving averages/ .
I see this as another great opportunity to buy the dip!
- Buy range - $90 to $110
- Take Profit # 1 - $200
- Estimated trade duration: 6-9 months
Love how this chart is shaping up.
good luck, hit thumbs up!
Market Cap - Technical Analysis
All the best!