johnle0394

johnle0394

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.

johnle0394

Counting my waves from a different perspective now, I think we're actually making a 5th wave up to complete a larger 3rd wave.

johnle0394

XRP looking really bullish on as it appears that we have a falling wedge forming on the 4th wave down. We also have to note that the 55 EMA and 200 EMA has crossed. Happy trading peeps.

johnle0394

It's probable that this was a large 3rd wave up and we're going to have a 5th wave up to hit a 1.618 extension.