AFTER TESTING $5.5 IOTA BEARS NOW PARING LOSSES TECHNICAL ANALYSIS FOR DECEMBER 14

IOTA bears are driving prices lower and are now aiming at $3.9 support level. At the same time, LTC bulls are slowing down and after an over-extension on December 12, bears followed through and price action is seeking for equilibrium as it makes lower lows.
LTC should found support at around $280 which is the 50% Fibonacci retracement level drawn from December 2017-November 2016 high lows.
Let’s look at the charts:
NEM BULLS SLOW DOWN AND RETEST MIDDLE BB
XEMUSD 4HR Chart for December 14,