LTCBTC is bouncing off the 0.38 Fib heading toward the 0.01344 as the interim resistance at this point. Potential to reach 0.022 with a midway target of 0.015.
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Bounce happened with R1 (0.0144) acting as resistance.
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BTCUSD correction is dragging the Alts down as well. New money is panic selling. This is to be expected when such a big correction takes place. This is when money moves from weak hands to the strong. 0.382 Fib is the next support level to watch.
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