The combination of the two tools Fibonacci Expansion and Retracement could indicate some important price levels for understanding the mood of the exchange rate. The most important dilemma that arises from this approach is if the last downward movement is considered as a correction of the main trend.
Looking at the chart, it seems that Friday's close was...
NAS100USD the technical outlook for the mid-term shows bearish implications that are strengthening with negative tensions that could continue to push levels towards the estimated support area at $ 6.553 and $ 6.450 for this new session!
looking for the possible bottom before investing!!
let's see how it goes. Yoyo
It is trully too late to get that short term profit on latest rising, but I think LTCUSD will continue going UP in max. 2 weeks. Before that - it might break down through 50$ line to minimum of 47$. Then it should face that strong rising trend line and start attacking ATH line. The question is "do we want to make long or medium term position?". :)
BTC tip:...
