LTC-USD 15-minute TA for Morning 1-13-18

DISCLAIMER: AMATEUR INVESTOR. NOT A PROFESSIONAL. THIS PREDICTION COULD TURN OUT TO BE COMPLETELY WRONG. YOU FOLLOW THIS ADVICE AT YOUR OWN RISK.

Simple quick Fib Retrace + Fib Project analysis of the GDAX LTCUSD pair for the morning of 1-13-18, going by 15-minute candles.

Based on the last impulse wave the start of the current one was predicted at 242-244, so I admit this is a bit late.

Based on Fib Project, I predict the start of the next corrective wave to be between 247 and 249. Let's see if I'm right.

Commento:

Turned out to be right. Hope you made some money on this.

The Fibonacci principle being present in so many aspects of nature and society is so bizarre. To see it working in action is really cool.