LTC has been under the influence of the same downtrend its whole life and is now close to breaking thru - This would allow the BTC price to double and the dollar price probably more - LTC candles need to hold the blue 1x1 fib ray and break thru the dotted line for this to happen - If it breaks thru expect as high as 0.036
코멘트:
Breakout from 4 year downtrend against BTC
코멘트:
Daily candles have closed and opened beneath the 61.80% fib so it looks like we are going to continue down today - The candles need to hold support at the blue band for LTC to stay bullish
코멘트:
LTC candles need to rejoin the blue band uptrend before moving higher against BTC, this is normal after breaking a downtrend like has just happened - 0.0185-0.0195 should hold
코멘트:
The price needs to come down to rejoin the uptrend it broke out from - 0.0182-0.0187 should be a good buy zone - I would expect more upside from LTC after regaining the uptrend
코멘트:
코멘트:
Ltc next move
코멘트:
Close view
코멘트:
Ltc running to plan - Re touched the uptrend after breaking the downtrend
코멘트:
The dollar market may be getting trashed but this Ltc/Btc chart still runs - The candles have rejoined the uptrend after breaking the downtrend
