Is LTCBTC Aiming for 1111 before any upthrust?

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The fib level 0.618 (0.001111) is an attractive target considering LTCBTC had significant reaction to the 0.5 fib level. This is the only explanation I can come up with as to why Litecoin wants to go this low with its strong fundamentals.

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ملاحظة

So are we wicking down to 0.001111 or is that unnecessary. And that's the million $ question