johnle0394

LTC ANALYSIS BULLISH SCENARIO

Long
BITFINEX:LTCUSD   Litecoin / U.S. Dollar
In my opinion LTC has to hold $42 for a bullish scenario. If this is actually the 4th wave down before the 5th wave up to the 1.618 extension . If does happen, I'm going to consider a bullish outlook as we could possibly make 5 impulse waves up rather than an ABC correction.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.