As you can see on the Weekly Chart of LTC, the 1.618 breakout level is highly likely to be the area (if we do go up there) to be a local top. The breakout measurement of the flag is also coincidently at the 1.618 level. Hope this helps, see you at $600.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.