Clean EW patterns forming on LTC
Updated
LTC just finished up an upward and downward Elliott Wave pattern (didn't bother to plot the downward, it's pretty visible though), and is on track to hit an impulse wave of a larger EW pattern. Price just broke the top channel of the falling wedge that was forming, signalling the beginning of reversal (in addition to crossover on the Stoch RSI).
Go long, look to take profit (as usual) just before strong fib resistance levels.
Go long, look to take profit (as usual) just before strong fib resistance levels.
Trade closed: target reached
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