LTC correction for my previous idea Daily chart

There are two important GAP’s marked on the chart green rectangle and red rectangle. These two are respected by market for quite some time. I think these two will play important role as the support if the pair will go up. Fibonacci retracement 61.8% level stopped losses. This pair might create some kind of cupandhandle formation in future.

Let’s see what kind of price action this pair will delivery in next few weeks