Judging by pattern coinciding with Fibonacci, every time LTC fails to protrude above the next Fibonaaci level, it experiences a drop to 2 levels lower or more. (When it does protrude, dips only to the extent of the level it just passed.) Based on the recent "failure" to pop over 0.236, we may continue this downtrend until it reaches the upward support line before continuing the next bull run/stable upward trend.
Sorry, can't delete previous chart.
Sorry, can't delete previous chart.
