Following is my analysis on LTC going SHORT in the next few days
1) The purple wave 1-2-3-4-5 went from $25-$413 from 12 MAr 2020 to 08 May 2021
2) After great impulse comes correction A-B-C wave,
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in PURPLE
Wave c should be a 5 wave series down so its right now doing subwave 4 in BLUE
Wave C or Wave (5) in Wave C will end around $90 before it makes any move up to complete the full correction
Summary :
LTC going to short to $90 in the next few days
Appreciate everyone's feedback, happy trading
1) The purple wave 1-2-3-4-5 went from $25-$413 from 12 MAr 2020 to 08 May 2021
2) After great impulse comes correction A-B-C wave,
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in PURPLE
Wave c should be a 5 wave series down so its right now doing subwave 4 in BLUE
Wave C or Wave (5) in Wave C will end around $90 before it makes any move up to complete the full correction
Summary :
LTC going to short to $90 in the next few days
Appreciate everyone's feedback, happy trading