EuroMotif

LTCUSD hit target and retraced Litecoin keep "Perfect Growth"?

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Chikun was leading the Bull Trend and then got tired.
Big brother ( Bitcoin ) finally caught up an passed LTC.
Now that a correction looks be here, lets take a look.

This plot is based on a Fib with "Golden Extensions".
This is a rare example of "Perfect Growth" as in nature.
More common is a "Linear Growth" with simple multiples.

It is about to test a Golden fib at $100.14 (and psych).
It seems unlikely to hold, but reaction is worth noting.
Break below could lead to the next Gold Fib at $70.36.

Of course the King ( btc ) will determine overall direction.
Of course we are due for a serious correction eventually.
Of course anything can happen but UpTrend is my thought.

Previous LTC Analysis:
LTC is headed to $150
LTC Intro to "Golden Growth"
LTC tops at a 9.618
LTC battles Two Impulses

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