LTC/BTC is at wave 5 of Impulse Wave
Since February 2018, price moves in the steady parallel pattern.
According to the Elliott wave, the price is at the bottom of wave 5 in the downward impulse waves
Wave 5 is a familiar wedge model, if the breakout price from the region at 0.008080, and exit the wedge model will be very positive signal for LTC/BTC
Entry point at 0.007750 - 0.007800 or buy breakout at 0.008080
Stoploss: 0.007575
Target 1: 0.008740
Target 2: 0.009840
Target 3: 0.010750
Target 4: 0.012570
R:R = 1:3
According to the Elliott wave, the price is at the bottom of wave 5 in the downward impulse waves
Wave 5 is a familiar wedge model, if the breakout price from the region at 0.008080, and exit the wedge model will be very positive signal for LTC/BTC
Entry point at 0.007750 - 0.007800 or buy breakout at 0.008080
Stoploss: 0.007575
Target 1: 0.008740
Target 2: 0.009840
Target 3: 0.010750
Target 4: 0.012570
R:R = 1:3
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