Hi Traders,
LTC is extremely volatile with huge price swings. As seen on our chart by depicting the grey areas we now know where we may see price reversal. The grey areas show where the majority of orders and volume are. The grey area which is drawn between the 0.5/0.618 fib is the area with the highest probability of reversal, however, price may come down further to complete the squaring off of the lat upward leg.
Thanks
The Market Sniper Team
LTC is extremely volatile with huge price swings. As seen on our chart by depicting the grey areas we now know where we may see price reversal. The grey areas show where the majority of orders and volume are. The grey area which is drawn between the 0.5/0.618 fib is the area with the highest probability of reversal, however, price may come down further to complete the squaring off of the lat upward leg.
Thanks
The Market Sniper Team