I saw in the chart a possible redistribution scheme base on Wickoff method, why? because LTC have their dark past, she can't hold any new high, in the past 100% of retracement after a new high, so, i put some sells orders and it were executive given me 10% of profit..
Just for information, i saw in the chart redistribution schematic #2, i set my sell orders and everything is working fine
If this is Schematic #1 of Wickoff method, we've two option here, Phase C is complete or not, if we broke 6500 support probably we going to a real "spring" arround 5400, even more low. What you think about?
It would happen because the big players of wall street want to buy cheap, and they will price push down. What do you think?