I have been watching this chart for a while, trying to figure out a potential count. Lots of fibs point around 85$ area but the current structure seems incomplete. Instead of waiting to see it complete and then post, i decided to yolo it.
What could go wrong?!
What could go wrong?!
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I dont have any count on the pair ( maybe i will start one if the market keeps being boring ), but there are some DIVSs on the oscillators and a gap on VPVR that favor an uptrend.
交易结束：到达目标:
Target on the way up. Potential top around 154.
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Still bellow the invalidation point, if you think its bullish, be my guest.
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Still valid, no close above the line, also it lost the up trend support line. They forgot to turn on the LTC bots, it happens.
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I checked the ratios again and it likes to stop just before the 2:1 ratio, so there is a chance it can stop just below 170 if it has one more leg up. Still looking bearish, invalidation level above 175.5 .
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Scenario is invalidated here.
ETH and BTC have a positive correlation lately so maybe the inverse corelation with LTC is back ( one moves faster and then the other one catches up).
ETH and BTC have a positive correlation lately so maybe the inverse corelation with LTC is back ( one moves faster and then the other one catches up).
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Welp, fibs dont lie! I havent checked that chart ever since, but just by staring at it now it MAY have another push down if it gets denied at ~110.
