LTCEUR has had a nice bullrun after breaking out of the downtrend channel.
However, the sellwalls are pretty tall and we need the trust of the community back!
LTCEUR is just recently testing the resistance again. If resistance breaks, i guess we will see the 250 soon.
I think it will, as soon as volume gets back into it. We will soon hit a critical point, and it will decide how far ETH will go! Fib level and channel wall need to be overcome.
By mid of the year we may have a solid 1200-2000 worth.
If we cannot break out, ETH will dip. Prepare to sell if it drops!
So I watch the fibonaci retracement, which shows me levels.
2 options as far as I see it:
1) we go straight to the 1,10 € then further to 2 €
2) we go slowly from 1 to 1.50 €.
Anyway, Ripple is highly over sold and buy pressure and recent news should lead to a strong buy. If we get the volume into Ripple again, we are maybe hitting even 4 € in March-April.
Possible very short analysis. Ripple is at the higher fibonaci support line, trying to break resistance.
However, its moving up and also trys to break the bearish downtrend.
I see the green ichimoko cloud, which would bring an uptrend. We will see if we can hit the next 1-2 fibonaci niveaus within the next hours to days.
Good luck everyone!
If you found the...
Fibonaci retracement shows next step for LTC/EUR. It is by the way a step that we found also before the last rise set in.
The altcoin correction is over, cryptos are still facing some "trust" problems, but capital will keep coming.
I think we will get over the next target with LTC quite easily: when we hit the target and can overcome it, the way to 300 and next...
Even if the resistance is strong at the moment, it will fall off.
Stratis hit the Bottom and is now in an strong upwards trend.
Cup and handle formations and bullflags over and over again brings stratis to new hights
If we reach the next fib niveau, its going to reach the next one as well. support is stronger
definetly a buy at the moment