LTCUSD bounce/retrace watch: Litecoin to $70 before resume up ?
LTC was leading the way up and then down as well.
It bounced around 65.xx as expected previously.
Now looks like a wave up is done, needs retrace.
69.89-70.25 would be the ideal bullish bounce.
69.15-69.23 would still be bullish and expectable.
66.78-66.55 will be Last Stand to maintain bounce.
Previous Plot showing the "Prefect Golden Ratio of Growth" by LTC from the bottom:
It bounced around 65.xx as expected previously.
Now looks like a wave up is done, needs retrace.
69.89-70.25 would be the ideal bullish bounce.
69.15-69.23 would still be bullish and expectable.
66.78-66.55 will be Last Stand to maintain bounce.
Previous Plot showing the "Prefect Golden Ratio of Growth" by LTC from the bottom:
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