Beskrivning
⋅ Dear all,
LTC is following this purple falling wedge. I expect a retest of the $75 mark to create reversal and target the $130 mark.
All the Best from the Crypto Space
Alteroc
Handel aktiv
⋅ Everything is on track so far.
I expect the downward movement to resume within 48 to 72 hours.
Kommentera
⋅ Falling wedge has bee extended.
Based on the wider falling wedge support and a 100% retracement fib
reversal zone is now between $69 and $71.
A dip a bit lower in the form a wick is not to be excluded in case of a harsh BTC move down.
Kommentera
⋅ Right on the spot for now.
However considering current rqlly I now expect retracement due to the bearish divergence on RSI