We succeeded achieving fib level 3.168 , congratulations to all people who went with my chart a few days ago, but it's very unlikely for ltc to go up further and i think correction is coming. The previous correction for ltc was about 25% and we should be expecting a similar one this time again.
Also, as you see in the chart, we may have an eliot wave theory in action, so risking a small portion of your deposit and buying ltc when it corrects now might not be a bad idea. I will provide a more accurate analysis if i see it going that way.
Good luck trading !
Also, as you see in the chart, we may have an eliot wave theory in action, so risking a small portion of your deposit and buying ltc when it corrects now might not be a bad idea. I will provide a more accurate analysis if i see it going that way.
Good luck trading !
Comment:
The 4th eliot wave is in the middle because if 2.618 support would fail, it would drop to 1.618. So i just put 4th in the middle showing both ways that it can happen