EuroMotif

LTCUSD near term targets: Litecoin bounce from 75 to 86 ?

EuroMotif Mod מעודכן   
COINBASE:LTCUSD   לייטקוין
Quick plot to guesstimate LTC bounce targets.
Purple Fib was clearly in control of down wave.
Blue Fib took over immediately upon bounce.

The 12345 Elliott Wave is messy but within rules.
If 4 overlaps into 1 at all, then it is only corrective.
Corrective as in 12345 is really (A) of an ABC to come?

If wave 5 extends to 86.xx then more likely continuation of uptrend.
If wave 4 breaks into wave 1 then count is wrong and new prespective.
Since wave 2 was shallow but wide, 4 should be deep but narrow (quick).




הערה:
Nice fib confirmation. Absolutely do doubt bids are exactly on the line
.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

רעיונות קשורים

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.