LTCUSD Elliott wave count

Wave ((1)) a leading diagonal.
Below 105.72 we are allowing wave ((2)) to unfold.
Possible target 0.5 - 0.618 retracement area.

評論:

As the price has not even hit 0.382 fib retracement We may see a rally to the upside into 0.5 fib retracement of the W wave to complete the X wave with a flat.
Clearing 98.25 may turn the price to the upside.

評論:

Above 76.97 and clearing 91.22 we are looking to the upside for wave ((3)) of 3

評論:

Above 76.97 we will focus to the upside for wave ((3)) looking for price to aim for the 1.618 projection multiple between waves ((3)) and ((1)).

評論:

The strength over the last few days adds credence to the bullish scenario, and suggests LTC is subdividing upper in wave ((3)) of 3.

評論:

Watching for evidences wave (2) finished 93.38.
Above 93.38 and clearing 104.29 we are looking to the upside for wave (3)