LTCEUR 30min - coinbase - thoughts on recent price boost

10 בנוב׳ 2017

After yesterday's increase in price, LTCEUR has dropped to a 1.6 fibb level, below the initial support level. It then tested that resistance and failed to break it. Does this mean LTC is about to drop even lower or will it continue the path we saw yesterday? Let me know your thoughts. Any questions/comments are much appreciated!

Cheers!