$LTC Litecoin spot targets
Here I present to you the macro Fibonacci targets for LTC.
LTC has surged +30% the past week in anticipation of the halving event in August.
We have successfully wicked the 0.236 ($114.66) Fibonacci level. As expected we faced a first rejection.
I expect a fast upside movement once we surpass $114.66 which will bring us to the psychological $125-130 target. Then we might face a micro-correction to $114-115 before the final leg up to $171.79 ++
Cheers!
Sky
LTC has surged +30% the past week in anticipation of the halving event in August.We have successfully wicked the 0.236 ($114.66) Fibonacci level. As expected we faced a first rejection.
I expect a fast upside movement once we surpass $114.66 which will bring us to the psychological $125-130 target. Then we might face a micro-correction to $114-115 before the final leg up to $171.79 ++
Cheers!
Sky
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