ETC make a reverse at 19.186

6 Jan 2023

LTC formed an uptrend line at $15,082 region where a new impulsive move was taken to $19.186 region, Where a short opportunity was spotted. At this point price is trying to move further but I think there is a need for price to Retrace by %50 currently at %30 region($18.176) , if there is a rejection at $17.886 it means a long opportunity which may breakout at $19.186 to further the up movement, but if there is no rejection at $17.886 I think we can continue with the short down to $15,082