As predicted from the analysis on the 20th April, the Charts are showing a change in direction, the price hit a predicted high of between €124 and €127 actual was €128 before retreating back to a day low of €114 and then settling back into the €119- €123 range .
According to the Elliot wave formation this occurrance was in wave 3 to 4, thus suggesting that we are in for another movement in the upwards direction over the coming cycle
On the RSI indicator , the trend line tested the 64% resistance line( black line) and retreated from this significant indicator, suggesting momentum shift from the market.
![SRSI21stApril2018.PNG]
How this all looks on the Candle stick chart for LTC
![Candle21stApril2018.PNG]
What do the charts hold for the future ,
25th April a potential €140 range with support line of €128
Any directional change negatively will be driven by Market forces (FUD)
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