Litecoin
Long
Updated

$LTCUSD - Elliott Wave analysis

429
Hi guys! 👋🏻

🔔 Just sharing my Elliott Wave count on LTCUSD. Litecoin is still bullish and I believe the pair will resume the uptrend from this level.

🔔 One of the bull run signals I use for crypto trading is the lower wick of the 4H candle, whenever the bottom wick is longer than the body, expect a bullish run as the long lower wick means that the asset has collected the pending buy orders thus increasing the volume.
snapshot

🔔 If the count is incorrect refer to the ascending ending diagonal and pls let me know which part of the Elliott Wave count is not correct, because I have some doubts about the beggining of the Primary and Intermediate cycles.

✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.