Hello guys,
Going to explain the situation of LTC right now. We got an MA 20/50 golden cross coming right now. A big green candle confirms that golden cross, LTC was consolidating for nearly 2-3 months and we are ready to take off. We tried to pass the 0.236 fib. level for 2 times and we couldn't do it. For now there is no resistance at that level because no resistance can be hold 3 times. We have 2 main resistance on our way, first one is fib 0.382 level we can see a pull back at that area, than we will go to between fib 0.5-0.618 and consolidate there a little bit. The ultimate aim for <safe trade< is ex ATH but I expect LTC to rise even more, if we can pass ex ATH fast, this point may become support level and I will put my stop-loss a little bit under that point.
I hope that idea can help you at your trades. Don't hesitate to ask anything. Out.