LTC USD Wolfe wave count short. Bull trap.

2018年7月19日

If the count is correct, our bull trap should land on $96, or further up on $97 if we go sideways for a bit. If not enough momentum, we might just move up to around $93. Then it will look like double top I it is also the upper border of Bollinger bands right now). There is also vertical red line - the length of inverted head and shoulders pattern, who come directly to the blue trend line drawn from 1-4 channel by the Wolfe wave count.
This make me think, that we can actually end up at around $100. Which is also very crucial psychological number.

2018年7月19日

註釋

My drawing of head and shoulder doesn't seem accurate. With new drawing it still ends at around 100. So the numbers stand. I'll make a clean chart tomorrow.