LTC towards ~4.20?

13 באוג׳ 2014

LTC has been bashed quite heavily in the last weeks. From a technical perspective the move appears to be a ABCD with a target around 4.20. Any short sellers during the last rebound would be looking at the Fibonacci extensions of 1.61 and 1.76 as good targets. If we approach these levels I'll be taking a long position.