LTCUSD Elliott Wave Analysis - Its not done yet

2019年2月24日

Litecoin can see further downside into a new low to complete the correction since ATH.

Upwards corrective structure similar to the related idea below.

2019年2月27日

註釋

The structure of this bounce looks corrective so we want to see a short term uptrend for a better short entry on one of the labeled areas.

2019年3月3日

註釋

Looks completed but might as well see another push to 51 or 53 even. Scenario is valid while trading below the high. BTC volatility is low so market will pick a direction soon TM.

2019年3月3日

交易進行

Filled one order at 49 so its on.

2019年3月5日

交易結束：達到停損點

2019年3月6日

註釋

Regardless of the final EW count on LTCUSD i still remain bearish on the pair. Either as an ABC 4 into new lows or a 123(45) of a new trend.

Verdict, still looking for shorts with min target back to mid 40s. Wont be updating this any more but may post a new idea in the future.