The litecoin rally still starts December 9th nothing has changed , in my last Litecoin TA the ascending wedge played out but I did not expect that flash crash had targets at 185 lowest , god dam.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and pivot point reversal for litecoin and this bull run will be December 9th. The fact that we had such a massive flash crash before coming into this Fib time sequence gives it a much higher probability now that price will rally starting from this date.
If the 4/1 Gann ratio and 0.618 Fib Fan break then all projections last 3 months will be invalided , every TA last 3months comes down to December 9th being a pivot point that starts the final leg of the bull run , market sentiment is at covid crash lows! this is the best time to trigger a disbelief rally.
Just 4 days left.
Disbelief is a terrible luxury.
Anyways the good news is that we haven't broken the 4/1 Gann ratio and the 0.618 Fib Fan, until these two are broken I will stick to my guns and say that the bottom and pivot point reversal for litecoin and this bull run will be December 9th. The fact that we had such a massive flash crash before coming into this Fib time sequence gives it a much higher probability now that price will rally starting from this date.
If the 4/1 Gann ratio and 0.618 Fib Fan break then all projections last 3 months will be invalided , every TA last 3months comes down to December 9th being a pivot point that starts the final leg of the bull run , market sentiment is at covid crash lows! this is the best time to trigger a disbelief rally.
Just 4 days left.
Disbelief is a terrible luxury.
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What we want to see is price going lower than the last Fib time date but for price to wick under the 0.618 Fib Fan and not close under it.
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Does the rally need to start with a massive green daily candle?
Nop , infact a lot of the times it starts with a daily red candle , so the bottom wick of today's daily close could be the bottom entry before the rally starts .
Nop , infact a lot of the times it starts with a daily red candle , so the bottom wick of today's daily close could be the bottom entry before the rally starts .
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